According to the data monitored by the business community, as of July 26, PET water bottle level pet prices were weak in a narrow range this week. Compared with the weak price in the same period last week, the current average price was 8890 yuan / ton, the overall market was weak in a narrow range, the focus of negotiation was stable, the overall market supply and demand were balanced, and logistics shipments were smooth at present.

The domestic PET price is in a narrow range and weak operation. The price has been reduced slightly this week. At present, the market operating rate is normal, the manufacturers’ shipments are positive, the logistics is smooth, the order is given away, the market transaction atmosphere is general, the negotiation atmosphere is acceptable, the downstream readiness for goods is general, and the cost is lack of support. At present, the mainstream price is about 9500 yuan / ton, which has been reduced slightly this week, and pet is stable, medium and weak in the short term.

Upstream ethylene glycol, ethylene glycol in the Asian market closed at $528 / ton in CFR China on July 22, unchanged from the previous trading day and down $3.7 / ton from last week.

Rubber and plastic commodity index: on July 25, the chemical industry index was 1018 points, down 8 points from yesterday, down 27.29% from the highest point of 1400 points in the cycle (2021-10-23), and up 70.23% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).

PET analysts of business agency believe that the pet market is expected to operate in a narrow range and weak in the short term. (if you want to know more about the latest market trends of the industrial chain, please pay attention to the official account of the business club to obtain commodity information and master commodity prices).