I. price trend
According to the data monitored by the business club, the average price of pet level manufacturers on November 14 was 6425.00 yuan / ton, and the average price of pet level manufacturers on November 15 was 6525.00 yuan / ton. The overall price increased by 100, or 1.56%, and the pet market rose slightly this week.
II. Cause analysis
Products: this week, the starting load of polyester plant is stable, just need some replenishment, and the market turnover is general. On July 15, the main quotation range of pet water bottle manufacturers is 6500-6600 yuan / ton.
Raw materials: PTA continues to be strong shock, with certain support on the cost side. The industry is cautious to wait and see, just need to be picked as needed.
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On November 14, pet commodity index was 48.31, unchanged from yesterday, down 53.44% from 103.76 (2011-09-22), the highest point in the cycle, and up 1.19% from 47.74, the lowest point on January 25, 2016. (Note: cycle refers to 2011-09-01 to now)
III. future forecast
According to pet analysts of the business club, it is expected that pet market will run smoothly in the short term, with the main quotation range of 6550-6700 yuan / ton.
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