Narrow range finishing of PET market in China on January 13

1、 Price trend

 

According to the data monitored by the business agency, on January 13, pet water bottle manufacturers quoted 6575.00 yuan / ton. This week, pet market fluctuated in a narrow range.

 

2、 Cause analysis

 

Products: polyester bottle Market in East China narrow finishing. At present, the offer of mainstream manufacturers is around 6800-6850 yuan / ton, the market spot mainstream negotiation is around 6550-6650 yuan / ton, Zhejiang wankai’s latest offer is 6750 yuan / ton, China Resources chemical Holding Co., Ltd. 6700 yuan / ton, Anyang polyester material factory 6700 yuan / ton.

 

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Industry chain: PTA Market of raw materials maintains consolidation, with general cost support. The offer of bottle chip manufacturers is temporarily stable, and the focus of market negotiation is low-end. Downstream cautious wait-and-see, market trading light.

 

On January 12, the pet commodity index was 50.38, flat with yesterday, down 51.45% from 103.76 (2011-09-22), the highest point in the cycle, and up 5.53% 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.

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