Commodity News
SunSirs: China PET Market runs smoothly
December 17 2021 15:00:18 SunSirs (Selena)
Latest price (December 16): 7,400.00 RMB/ ton
As of December 16, the average price of pet water bottle manufacturers is 7,400 RMB/ ton. The overall market is stable and the negotiation atmosphere is general. Compared with the same period last week, the price has not changed significantly. The production reduction and maintenance of upstream PTA plants have increased, and the rise of crude oil has enhanced the support for PTA cost. Therefore, in the short term, PTA price will continue to rise slightly.
China PET market is expected to be stable and weak in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2024-04-30 SunSirs: Insufficient Cost Support, China PET Market is Sligntly Weak in April
- 2024-04-28 SunSirs: What are the Opportunities in China PET Market for Bearish Suppression?
- 2024-04-22 SunSirs: Weak Decline in Both Upstream and Downstream, Making it Difficult for PET Prices to Break Through
- 2024-04-07 SunSirs: Strong Cost Support, China PET Market Prices is Rising
- 2024-04-03 SunSirs: Strong Cost Support, China PET Market Prices is Rising
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