Recycled PET Daily Report: Trading Activity Sluggish
Today's Summary
The current mainstream price of pure white clear sheet of Jiangyin Fangan is around 4550 yuan per ton, and the mainstream price of blue and white clear sheet of Fangan is 4150 yuan per ton.
The spot price of PTA on this trading day remained stable at 5285 yuan/ton, while ethylene glycol increased by 10 to 3658 yuan/ton. The equivalent polymerization cost is 5745.88 yuan/ton, an increase of 6.43 yuan/ton from the previous trading day.
II. Spot Market Overview
(Source: Longzhong)
With Jiangsu region as the benchmark, the price of imitation high-grade machine pure white clean sheets today is 4550 yuan/ton, remaining unchanged from the previous period. Currently, most enterprises in the recycled polyester chain are still on holiday, and the overall market trading atmosphere is light, with quotations mostly maintaining pre-holiday levels and running steadily.
III. Price Forecast
After the Spring Festival holiday, most companies in the recycled polyester industry had not resumed operations yet, and market transactions remained slow, with prices continuing to remain at the level before the holiday in the short term.
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