SunSirs--China Commodity Data Group

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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.

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