I. price trend

According to the data monitored by the business agency, on October 25, PET water bottle manufacturers quoted 6775.00 yuan / ton, and on October 21, PET water bottle manufacturers quoted 6875.00 yuan / ton, with an overall decline of 1.45%. PET market fell slightly.

II. Cause analysis

Products: as of October 25, the main manufacturers of polyester bottle chips in East China have offered at a high price of 6700-6850 yuan / ton, and the main market negotiation is about 6550-6650 yuan / ton. The PTA Market for raw materials is relatively strong, and the cost side is stable. Some bottle chip manufacturers offer an increase of 50 yuan / ton, and the focus of market negotiation is slightly higher. In the downstream, the atmosphere of cautious wait-and-see is strong, the market is light, the polyester bottle Market in South China is narrow, and the main spot negotiation price is 6550-6700 yuan / ton. PTA raw materials market is relatively strong, cost support is stable, some businesses offer slightly higher. The downstream buying is generally followed up, and the market trading atmosphere is light. At present, the latest enterprise price is 6700 yuan / ton for Anyang polyester material factory, 6800 yuan / ton for Jiangsu Sanfangxiang Group Co., Ltd., 6900 yuan / ton for Hainan Yisheng Petrochemical Co., Ltd., 6850 yuan / ton for China resources chemical Holding Co., Ltd., 6750 yuan / ton for Zhejiang wankai New Material Co., Ltd.

Industry: on October 24, the rubber and plastic index was 678, down 1 point from yesterday, 36.04% from 1060 (2012-03-14), and 17.71% from 576, the lowest point on December 21, 2015. (Note: cycle refers to 2011-12-01 to now)

III. future forecast

PET business analysts believe: the short-term market is not expected to decline space, temporarily more stable finishing.