PET market is weak and purchasing atmosphere is cold

According to the data monitored by the business agency, as of August 28, the price quoted by pet water bottle manufacturers was 5466.67 yuan / ton, and the price of mainstream manufacturers was around 5400-5500 yuan / ton. The market of polyester bottle chip in South China was narrow, and the mainstream negotiation price in the market was 5200-5300 yuan / ton.

 

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In recent years, pet market has been running steadily, with poor downstream demand, low negotiation atmosphere, and just in demand procurement. At present, the market of PET bottle chips in East China is stable. The price of mainstream manufacturers is around 5400-5450 yuan / ton, and the negotiated price is about 5150-5300 yuan / ton. At present, the price of Xiamen Tenglong is 5400 yuan / ton, Guangdong Taibao 5400 yuan / ton, Zhuhai China Resources 5400 yuan / ton, Zhejiang wankai 5400 yuan / ton, Yizheng Chemical fiber 5350 yuan / ton. Most of them are cautious and wait-and-see attitude, the cost support is general, the manufacturer’s quotation is stable, the focus of negotiation is low, and the just need procurement is the main.

 

The upstream PTA market is weak, the market trading atmosphere is general, crude oil prices continue to decline, there are no favorable factors, the market is dominated by contract orders, the number of new orders is limited.

 

The PTA commodity index on August 27 was 35.22, down 0.11 points compared with yesterday, 66.11 points lower than 103.92 points (2011-09-15), and 17.05% higher than the lowest 30.09 points on April 22, 2020. (Note: period refers to 2011-09-01 to now)

 

On August 27, the rubber and plastic index was 635 points, unchanged with yesterday, 40.09% lower than 1060 (2012-03-14), and 20.27% higher than the lowest point of 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

 

Pet analyst of business agency thinks: pet market runs smoothly in the short term, and the focus of negotiation is low. (the above prices are provided by major pet manufacturers all over the country and analyzed by pet business analysts for reference only. Please contact relevant manufacturers for more price details.)

http://www.lubonchem.com/

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