Commodity News
SunSirs: PET Market Ran Smoothly on May 12
May 13 2022 15:36:29 SunSirs (John)
Price trend
This week, the price of PET was stable and strong.
Analysis review
As of May 12, the average price of PET water bottle grade was 8,720 RMB/ton, and the overall market was narrowly on the upper side. Compared with the same period last week, the price increased by 1.16%, or about 100 RMB/ton, and the overall market supply and demand were balanced.
Market outlook
It is expected that the PET market will run smoothly 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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