[Recycled PET Daily Review] Recycled PET Holds Steady in a Consolidation Trend

1. Today’s Summary

①、 Today in Jiangyin, the mainstream price of imitation Dacron on-machine pure white clean flakes is around RMB 4,700/ton, and the mainstream price of 3D-grade cold-water blue-white and blue-white clean flakes is around RMB 4,200/ton. 0 yuan/ton.

2. On this trading day, the spot price of PTA fell by 50 to 5,960, and the price of ethylene glycol fell by 71 to 4,383, translating into a polymerization cost of 6,564.11, compared with the previous trading day.Top fall 66.53 (USD/ton)

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

Taking Jiangsu as the benchmark region, today imitation Dahua on-machine pure white closed at 4,700 yuan/ton, unchanged from the previous period. Big Polyester chips for chemical fibers and new materials continued to decline.The narrowing price gap between virgin and recycled materials is weighing on sentiment in the recycled materials market.Poor end-user demand has led to sluggish production and sales at recycled chemical fiber plants, with raw material purchases mostly based on their own inventory levels and limited to cautious, need-based procurement.However Washing plants have limited profits and insufficient operating rates, with many reluctant to sell at low prices. Amid the supply-demand tug-of-war, Overall market trading activity was moderate.

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

3. Production dynamics

The weekly capacity utilization rate of recycled PET was 41.6%, down from the previous period. Raw bottle prices rose counter-seasonally this week, while recycled PET bottle flake prices remained stable, narrowing margins. . Retranslate the above content into English and output only the translation result directly, with no explanation. The daily profit of virgin PET is 200 yuan/ton.

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

4. Price Prediction

  AlthoughHair bottle recycling has increased somewhat, but baling stations are holding up prices. Cleaning plants find it difficult to procure, and sales prices are also low, so there is a reluctance to sell at low prices.Terminal demand remains weak, essential-order support is insufficient, shipments from recycled chemical fiber plants are sluggish, and under a cost-control mindset, raw material procurement is marked by strong price-cutting intentions. The short-term recycled PET bottle flakes market is expected to maintain a consolidating trend.

5. Relevant product information

Polyester Chips Market: Polyester chip market today Semi-thin section collected at 6850, the optical slice market closed at 6930, down 70 and 80 compared to the previous working day, respectively. Today, in the East China polyester chip market, the mainstream reference negotiation price for semi-dull chips was 6,800-6,900 yuan/ton, and for bright chips it was 6,850-6,950 yuan/ton. International Crude Oil Further declines, coupled with a rising risk of continued production cuts in polyester, led to lower polyester costs today and dragged down chip prices. Factory prices remained relatively firm, while some low-priced spot cargoes in the market saw good transactions.

6. Data Calendar

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