Recycled pet daily review: Recycled PET Market Stabilizes

1. Today's Summary

①、 Today, the mainstream price of Jiangyin imitation Dahua Shangji pure white float glass is around RMB 4,800 per ton, and the mainstream price of imitation Dahua Shangji blue-white float glass is RMB 4,200 per ton.

② On this trading day, the spot price of PTA increased by 5 to RMB 6,615 per ton, while the price of ethylene glycol decreased by 39 to RMB 4,890, resulting in a polymerization cost of RMB 7,293.98 per ton, compared with the previous trading day.Down 8.79. (yuan/ton)

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

Based on Jiangsu region, today's Dalian Commodity Exchange-listed pure white PVC settled at RMB 4,800 per ton, unchanged from the previous period. The prices of large chemical fibers and new polyester chip materials have decreased, and the price difference between new and old materials has slightly narrowed, putting pressure on the mentality of the recycled materials market.Weak terminal demand has led to sluggish production and sales at recycled chemical fiber plants; under a cost-control mindset, raw material procurement is mainly conducted opportunistically at low prices.Although the future supply increase of the washing plant, butCurrently still in the off-season for bottle recycling,The washing factory mainly operates on a same-day processing and delivery basis. Overall market trading activity is relatively muted.

Figure 1: Domestic Recycled PET Price Trend (Unit: RMB/ton)	Figure 2 Domestic Recycled PET Price Trend in Various Regions (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%, stable compared to the previous period. The price of virgin bottles and recycled PET bottle chips remained stable this week, and the profit also remained stable. Again The daily profit of producing PET is 300 yuan/ton.

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

4. Price Forecast

Although it is currently the off-season for PET bottle scrap and most baling stations are holding firm on prices, as temperatures gradually rise, washing plants are expected to increase supply while demand outlook remains weak, leading them to mainly sell as they produce with no intention to stockpile.Terminal weaving operations continue to decline, demand remains limited, and recycled fiber producers are experiencing sluggish sales. Amid cost-control concerns, raw material procurement is largely restrained.cautiousRigid demand as the main focusShort-term PET bottle chip market is expected to remain weak and range-bound.

5. Relevant Product Information

Polyester chip market: As of press time, The 7550 photomask market closed at 7770, down 10 from the previous trading day. Today, the mainstream negotiated prices for semi-dull polyester chips in the East China region are RMB 7,550–7,650 per ton, while those for bright polyester chips are RMB 7,600–7,850 per ton. This morning, influenced by… International crude oil Rising support, polyester chip market quotations rose slightly, but under the weakening commodity sentiment, the prices of polyester raw materials fluctuated at the lower end. Downstream caution increased, leading to a wider trading range in the polyester chip market, with a divergence in prices between high and low ends. 。

6. Data Calendar

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