The domestic PET market is strong this week

According to the data monitored by the business agency, as of May 7, the pet price of pet water bottle level has been stable, medium and strong this week. At present, the average price is 8620 yuan / ton, and the overall market is narrow and upward. Compared with the same period last week, the price has increased by 2.74%, or about 300 yuan / ton. The overall market supply and demand is balanced.

 

Gamma Polyglutamic Acid

This week, the domestic pet price is relatively strong, the price increases slightly, the manufacturers’ shipment is positive, the logistics is smooth, the operating rate is normal, and the market transaction atmosphere is general. At present, the overall negotiation atmosphere is OK, the willingness of downstream goods preparation is general, and the cost is lack of support. At present, the mainstream price is 8600 yuan / ton. This week, the price rises slightly, and the strong operation will be maintained in the short term.

 

Upstream ethylene glycol: as of May 5, ethylene glycol operated with strong crude oil. The recent cargo negotiation on MEG outer plate was around us $635-655 / ton, but the downstream polyester construction was still low, and the current weak pattern of production and sales continued.

 

Rubber and plastic commodity index: on May 6, the rubber and plastic index was 792 points, unchanged from yesterday, down 25.28% from the highest point of 1060 points in the cycle (2012-03-14), and up 50.00% from the lowest point of 528 points on April 6, 2020. (Note: the period refers to the period from December 1, 2011 to now)

 

Pet analysts of business society believe that the pet market is expected to be strong in the short term, with prices rising slightly. (if you want to know more about the latest market trends of the industrial chain, you are welcome to pay attention to the official account of the business club, obtain commodity information and master commodity prices).

http://www.gammapolyglutamicacid.com

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