SunSirs:China PET Bottle Chip Market Has Shown a Strong Upward Trend in the Past Two Days
December 24 2025 09:38:59 SunSirs (Selena)
On December 22-23, the PET bottle chip market showed a strong upward trend. On the 23rd, the average selling price of PET was 5,772 RMB/ton Its core driving force mainly comes from strong support on the cost side.
Strong cost push: International crude oil continues to rise, and PTA, the main raw material for PET, has significantly increased. The expectation of tight supply continues. On December 22, PTA spot prices rose sharply by 117 RMB/ton, providing the most direct upward momentum for bottle chips.
The amplification effect of the futures market: The significant rise in the futures market (main contract 2603) on December 23 reflects a strong bullish sentiment in the market, further strengthening the bullish atmosphere in the spot market and potentially guiding short-term spot prices.
On the demand side: Despite passive price increases, downstream industries such as soft drinks are in the off-season, and actual demand has not improved. The market is in a stalemate of "high quotes, low returns", where sellers offer actively but buyers have insufficient willingness to chase after price increases. This squeezes profit margins, and the production process may be in a state of low profit or loss.
Overall, SunSirs believes that the continued upward movement of PET is insufficient, and with the boost of raw materials, the PET market price may experience strong fluctuations in the short term.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
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