Cost support is weak, PET market price rises first and then falls back

According to the data monitored by the business community, as of March 12, the quotation of pet water bottle manufacturers was 7450.00 yuan / ton. This week, the price of PET bottle chips rose first and then decreased. The PTA Market of raw materials was weak, and the price of PET was adjusted in a narrow range. As of March 12, the price of pet increased by 22.13% compared with the same period last month. Although the recent trend was weak, the price of pet increased too much in the early stage The overall price is still high, and the market is in the stage of digesting inventory.

 

This week, the price of PET raw materials is weak, the market supply and demand is balanced, the negotiation center is stable, the inventory is high, the support of pet cost side is general, the negotiation atmosphere is flat, the downstream demand quantity is limited, and the short-term shock consolidation is dominant. At present, the mainstream reference price in North China is 7400-7600 yuan / T, the negotiation center is stable, and the wait-and-see is dominant. The negotiation in South China is flat, and the reference price is 6700-7200 yuan / T, The reference price in North China is 7000-7200 yuan / ton, and that in East China is 7200-7300 yuan / ton. There is a strong wait-and-see atmosphere in the overall market, and the purchasing enthusiasm is general.

 

Manufacturer / region: Quotation (yuan / ton) date

Zhejiang wankai polyester bottle chip 7400 March 12

Zhuhai China Resources Co., Ltd. ﹣ 7450 ﹣ March 12

Henan Anhua polyester bottle chip 7400 March 12

Yizheng Chemical fiber bottle chip

Xiamen Tenglong PET bottle chip Co., Ltd. 7300 March 12

Guangdong Taibao polyester bottle chip 7450 March 12

The maintenance of upstream pta3 devices increased in April, and the current operating rate of the industry was reduced to below 87%, which provided a favorable condition for alleviating the high inventory in the early stage. In the near future, the main price of PTA is 4400-4500 yuan / ton. The following is the price trend comparison chart of pet and PTA

 

Rubber and plastic index: on March 11, the rubber and plastic index was 826 points, flat with yesterday, down 22.08% from 1060 points (March 14, 2012), the highest point in the cycle, and up 56.44% from 528 points, the lowest point on April 6, 2020. (Note: period refers to the period from December 1, 2011 to now)

 

Pet analysts of business news agency believe that: Recently, the market of PET raw materials has declined, the pet market has a slight decline, the market supply and demand is balanced, and the early trend will be maintained in the short term. (to know more about the latest market trends of pet industry chain, welcome to pay attention to the official account of the business community, help enterprises to operate, help stock investment, help futures investment, log in the business community’s small programs, release commodity prices, promote promotional products, obtain commodity information, and grasp commodity prices.

Gamma Polyglutamic Acid

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>