According to data monitored by Business Society, as of April 25th, the price of PET water bottle level is relatively strong, with an average price of 7896.00 yuan/ton. This week, PET prices have remained stable, with no significant changes compared to the same period last week. The mainstream price is around 7800 yuan/ton, and the overall focus of market negotiations is stable.

This week, the domestic PET price has been running smoothly, with the mainstream price currently around 7800 yuan/ton. The overall market is stable and strong, and the focus of negotiations is stable. Manufacturers are actively shipping, and downstream procurement is on demand. Logistics is smooth, and manufacturers are offering discounts and orders. PET enterprise quotations include Shanghai Hongqi Plastic Technology Co., Ltd. at 7750 yuan/ton, Shanghai Hongqi Plastic Technology Co., Ltd. at 7700 yuan/ton, and Zhejiang Wankai at 7400 yuan/ton.

Rubber and Plastic Commodity Index: On April 24th, the rubber and plastic index stood at 679 points, unchanged from yesterday, a decrease of 35.94% from the cycle’s highest point of 1060 points (2012-03-14), and an increase of 28.60% from the lowest point of 528 points on April 6th, 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.