The PET market is mainly characterized by stable prices (9.6-9.13)

According to the analysis system of the commodity market of the Business Society, as of September 13th, the price of PET water bottle level has been stable, with an average price of 7300.00 yuan/ton. Compared to the same period last week, the price has been mainly stable, and the market supply and demand are balanced. Currently, the mainstream price is around 7300 yuan/ton.

 

This week, the domestic PET price remained stable and weak, compared to the same period last week. Currently, the focus of negotiations is stable and the mainstream price is around 7200 yuan/ton. Downstream restocking is on demand, and the negotiation atmosphere is average. Manufacturers mainly offer profits and take orders, while upstream cost support is average, and stable operation is the main trend.

 

Rubber and plastic commodity index: On September 12, the rubber and plastic index was 708 points, an increase of 2 points from yesterday, a decrease of 33.21% from the highest point in the cycle of 1060 points (2012-03-14), and a rise of 34.09% from the lowest point of 528 points on April 6, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

 

PET analysts from Business Society believe that the PET market is expected to operate steadily in the short term, with prices remaining around 7200 yuan/ton.

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