Recycled PET Daily Report: Recycled PET Remains Stable

1. Today's Summary

①、 Today, the mainstream price of Jiangyin imitation Dahua Shangji pure white float glass is around RMB 5,000 per ton, and the mainstream price of imitation Dahua Shangji blue-white float glass is RMB 4,400 per ton.

② On this trading day, PTA spot price rose by +50 to RMB 6,930/ton, while ethylene glycol price increased by +431 to RMB 5,610, resulting in a calculated polymerization cost of RMB 7,804.50, up from the previous trading day.Down by 234.50 (CNY/ton)

Table 1 Domestic Recycled PET Price Summary (Unit: RMB/ton)

Based on the Jiangsu region, the price of pure white recycled polyester staple fiber remained stable at 5000 yuan/ton today compared to the previous period. After the holiday, large-scale polyester and new raw polyester chips were supported by rising polymerization costs, leading to a fluctuating upward trend in prices. The widening price difference between new and old materials provided a boost to the recycling market. Additionally, with the off-season for bottle recycling, although there was a slight increase during the holiday, high-end resources remained tight, keeping bottle brick prices stable. Washing plants mostly maintained a mindset of holding prices and being reluctant to sell. However, actual demand from the end-users was limited, resulting in average sales for recycling polyester plants. Under the pressure to control costs, raw material purchasing was mainly based on their own inventory, with a cautious and demand-driven approach. Overall, the market prices remained stable and adjusted.

Figure 1 Domestic Recycled PET Price Trend (Unit: Yuan/Ton)	Figure 2 Price Trend of Recycled PET in Different Regions of China (Unit: RMB/ton)
Data source: Longzhong Information	Data Source: Longzhong Information

3. Production Dynamics

The weekly capacity utilization rate of recycled PET is 45.7%, up 0.2 percentage points from the previous period. This week, prices of raw PET bottles and recycled PET flake remained stable, with profits also holding steady. . Then The daily profit for virgin PET is RMB 300 per ton.

Figure 3 Trend of Domestic Recycled PET Capacity Utilization Rate	Figure 4 Comparison of Regenerated PET Profit and Price (Unit: RMB/ton)
Data source: Longzhong Information	Data source: Longzhong Information

4. Price Forecast

After the holiday, the supply of PET bottles has increased slightly, but the prices of high-end 3A grade remain firm. Most recycling stations are holding out for higher prices, making it difficult for washing plants to purchase. Additionally,Large chemical fibers and virgin materials are rising in price, and the price gap between virgin and recycled materials is widening. Boost the market psychology of regeneration. ButTerminal demand is limited, and the shipment of regenerated fiber factories has slowed down, with a strong cost-control mentality, and raw material procurement is cautious and based on rigid demand.The short-term recycled PET flake market is expected to trade sideways.

5. Relevant Product Information

Polyester chip market: As of the time of this report, Today's semi-dull chip market closed at 7970, the optical slice market closed at 8080, up 120 and 110 respectively from the previous business day. Today, the semi-dull polyester chip market in East China saw mainstream negotiated prices ranging from 7800 to 8100 yuan/ton, while the glossy polyester chip negotiated prices ranged from 7900 to 8400 yuan/ton. Geopolitical tensions have intensified, causing a sharp intraday increase in ethylene glycol prices. As polyester production costs rise, the trading center for polyester chip market has moved upward; downstream buyers are purchasing mainly to meet immediate demand, with localized transaction activity heating up. 。

6. Data Calendar

Table 2 Domestic Recycled PET Upstream and Downstream Data Overview (Unit: Tons)