On January 16, the focus of domestic PET market negotiation was low

1、 Price trend

According to the data monitored by the business agency, on January 16,PET water bottle manufacturers quoted 6800.00 yuan / ton, and the pet market fluctuated in a narrow range this week.

POLYVINYL ALCOHOL

2、 Cause analysis

Products: polyester bottle Market in East China narrow finishing. At present, the offer of mainstream manufacturers is around 6700-6800 yuan / ton, and the market spot mainstream negotiation is around 6500-6650 yuan / ton. Zhejiang wankai’s latest offer is 6800 yuan / ton, China Resources chemical Holding Co., Ltd. 6800 yuan / ton, Anyang polyester material factory 6800 yuan / ton.

PVA

Industry chain: polyester raw materials PTA Market narrow range finishing, general cost support, bottle chip manufacturers offer temporary stability, market negotiation focus is low-end. Downstream cautious wait-and-see, market trading light.

Industry: on January 15, PET commodity index was 51.13, unchanged from yesterday, down 50.72% from 103.76 (2011-09-22), the highest point in the cycle, and up 7.10% from 47.74, the lowest point on January 25, 2016. (Note: cycle refers to 2011-09-01 to now)
3、 Future forecast

PET analysts believe that: in the short term, the focus of negotiation is low, and the main thing is to watch carefully.