Recycled pet daily review: Recycled PET Consolidates and Operates Steadily

1. Today's Summary

①、 Today, the mainstream price for Jiangyin imitation Dahuashang pure white clean pellets is around 4800 yuan/ton, while the mainstream price for three-dimensional grade cold water blue and white clean pellets is 4300 yuan/ton.

On this trading day, the spot price of PTA decreased by 10 to 6,090, and the price of MEG decreased by 2 to 4,563, translating into a polymerization cost of 6,735.56, compared with the previous trading day.Down 9.22 (yuan/ton).

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

Based on the Jiangsu market, the closing price of imitation Dahua pure white fiber for machine use today was RMB 4,800/ton, unchanged from the previous period. Terminal demand remains sluggish, and recycled chemical fiber plants are facing sluggish sales and production. Raw material procurement is mainly based on their own inventory, with cautious just-in-time purchasing. In addition,new Polyester chip prices are declining, narrowing the price gap between virgin and recycled materials and weighing on sentiment in the recycled market.ThenFlake bottle recycling is difficult and prices remain firm; cleaning plants have limited profit margins, so many are inclined to hold prices firm.Overall market trading was sluggish.

Figure 1 Domestic Recycled PET Price Trend (Unit: RMB/ton)	Figure 2 Price Trend Chart of Recycled PET in China by Region (Unit: RMB/ton)
Data source: Longzhong Information	Data source: Longzhong Information

3. Production Dynamics

The weekly capacity utilization rate of recycled PET was 43.2%, down 0.7% from the previous period. This week, the price of recycled PET bottles has risen against the seasonal trend, while the price of recycled PET flakes remains stable, leading to a narrowing of profits. . Again The daily profit of recycled PET is 200 yuan per ton.

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

4. Price Prediction

End-user demand is weak, with insufficient support from essential orders. Recycled chemical fiber plants are seeing sluggish shipments, and amid a cost-control mindset, they are strongly inclined to press for lower prices when purchasing raw materials. However, due to rainy weather,The supply of recycled bottles is limited, the packing stations are maintaining prices, it is difficult for washing plants to procure, and the shipping prices are also holding firm. The short-term recycled PET bottle chip market is expected to consolidate and operate.

5. Related Product Information

Polyester Chip Market: Polyester Chip Market Today Semi-thin sections were collected in 7110; the spot market for galvanized sheet closed at 7280, down 10 and unchanged, respectively, compared with the previous business day. Today, in the East China polyester chip market, the mainstream reference negotiated price for semi-dull chips is 7050. -7150 Yuan/ton; negotiations for bright chip are at 7,200-7,300. Yuan/ The bearish sentiment brought by geopolitical easing is gradually being digested. Today, the decline in polyester costs has narrowed, trending toward a more volatile movement. Polyester chip factories have expanded price discounts for shipments, while low-priced sources from traders have decreased. Overall, the transaction focus has not changed much compared to yesterday. Downstream buying interest remains cautious, awaiting further news to drive the market. 。

6. Data Calendar

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