China’s domestic PET market demand is general, and the overall operation is stable

According to the data monitored by the business agency, as of November 23, the price quoted by pet water bottle manufacturers was 5033.33 yuan / ton. The polyester bottle chip market was running weakly and steadily. The price of mainstream manufacturers was around 5100-5200 yuan / ton, while the mainstream negotiation in South China was 5150 yuan / ton. The overall market price of polyester bottle chips was stable, the purchasing atmosphere was general, the downstream demand was general, and the number of new customer orders was limited , mainly contract customers.

 

PVA 1799 (PVA BF17)

The domestic PET bottle chip market price is stable and rising, the overall market is running smoothly, the downstream demand is limited, and the price is mainly on the demand of rigid demand, and the overall price shows a small rise. The mainstream factories are actively shipping, the logistics is smooth, and the number of new orders is limited. At present, the polyester bottle chips in East China are running at a low level, and the prices of mainstream manufacturers are around 5100-5200 yuan / ton, which is weak in South China The mainstream negotiation price in the market is 5100-5200 yuan / ton. At present, the shipment is smooth and the inventory is general.

 

This week, the upstream PTA market rebounded slightly, the cost side lacked favorable support, the market demand was general, the negotiation focus was stable, the inventory pressure remained, and the transaction mentality was cautious.

 

On November 22, the BPI of commodity price index was 851, unchanged with yesterday, 16.49% lower than the highest point of 1019 (2012-04-10) and 28.94% higher than 660, the lowest point on February 3, 2016. (Note: period refers to 2011-12-01 to now)

 

Pet analyst of business agency thinks: pet market runs smoothly in the short term, price fluctuation is not big. (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.)

POLYVINYL ALCOHOL