SunSirs: Analysis of Rising PET Spot Prices in China on April 14
April 15 2026 10:58:23 SunSirs (Selena)
On April 14, Jiangsu Sanfangxiang quoted PET at 8,570 RMB/ton, while Hainan Yisheng quoted PET at 8,520 RMB/ton; both figures represent an increase compared to the previous trading day.
As reported, the quotes of 8,570 RMB/ton from Jiangsu Sanfangxiang and 8,520 RMB/ton from Hainan Yisheng—both up from the previous trading day—indicate an upward trend in PET spot market prices. This price appreciation may stem from increased demand or reduced supply, thereby exerting a bullish influence on the spot market. When viewed in the context of current market dynamics, this upward signal provides positive momentum for PET spot prices; however, it remains essential to monitor subsequent shifts in supply and demand to confirm the sustainability of this trend.
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