China’s domestic PET market runs smoothly this week

According to the data monitored by the business community, as of January 29, the quotation of pet water bottle manufacturers was 5833.33 yuan / ton. This week, the market of PET bottle chips was stable, and the price did not change significantly. Near the Spring Festival holiday, most enterprises entered the holiday mode and took orders sporadically. Now the price range of mainstream manufacturers is around 5800-5900 yuan / ton, and the trading atmosphere is general.

Melamine

 

This week, the domestic polyester bottle chip market is running smoothly, the cost support is general, the inventory is low, the shipment is smooth, the overall market negotiation focus is stable, and the transaction atmosphere is flat. Near the Spring Festival, workers have a holiday one after another, and the operating rate has decreased. The polyester bottle chip market just needs capital to move goods, and the downstream demand is poor. Most enterprises have entered the holiday mode, mainly sporadic orders.

 

PTA operation in the upstream was stable and weak this week, market operation rate was stable, ethylene glycol in the upstream was stable and rising, the negotiation center was on the high side, and the cost side support of polyester bottle chip was general.

 

On January 28, the rubber and plastic index was 710 points, flat with yesterday, down 33.02% from the highest point of 1060 points (2012-03-14) in the cycle, and up 34.47% from the lowest point of 528 points on April 6, 2020. (Note: period refers to the period from December 1, 2011 to now)

 

Business community pet analysts believe that: in the short term, the pet market will maintain a stable operation. (the above prices are provided by major pet manufacturers all over the country and sorted out and analyzed by business pet analysts. They are for reference only. Please contact relevant manufacturers for more details.)

http://www.lubonchem.com/

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