Recycled PET Daily Review: Recycled PET Stabilizes Operations

1. Daily Summary

①、 Today, the mainstream price of imitation Dahua on-machine pure white clear flakes in Jiangyin is around RMB 4,700/ton, and the mainstream price of 3D-grade cold-water blue-white clear flakes is RMB 420. 0 yuan/ton.

On this trading day, the spot price of PTA increased by 110 to 6,560, and the price of MEG increased by 91 to 4,685. Converted into polymerization cost, it was 7,178.28, compared with the previous trading day.Rise of 124.54 (yuan/ton)

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

Based on the Jiangsu region, today the imitation Dahuahua machine-made pure white is quoted at 4,700 yuan/ton, maintaining stability compared to the previous period. New Polyester Cuttings On the one hand, the widening price gap between virgin and recycled materials has boosted sentiment in the recycled materials market. In addition,Tricolor bricks and pure white clean bricks remain firm, while washing plants have limited profit margins and are mostly reluctant to sell at low prices.HoweverEnd-user demand remains sluggish, and regenerated fiber factories are experiencing weak sales and production. Raw material procurement is mainly based on cautious, just-in-time purchases according to their own inventory levels. The overall market trading is sluggish.

Figure 1 Domestic Recycled PET Price Trend (Unit: CNY/ton)	Figure 2 Price Trends of Recycled PET in Various Regions of China (Unit: yuan/ton)
Data source: Longzhong Information	Source: Longzhong Information

3. Production Updates

The weekly capacity utilization rate of recycled PET was 43.2%, remaining stable compared with the previous period. This week, raw bottle prices rose counter-seasonally, while recycled PET bottle flake prices remained stable, narrowing margins. . Again The daily profit of virgin PET is 200 yuan/ton.

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

4. Price prediction

  Terminal demand remains weak, rigid-demand orders provide insufficient support, and shipments from recycled chemical fiber plants are sluggish. In a cost-control mindset, raw material procurement is largely driven by strong price-negotiation sentiment. The above content translates to: "So."The incremental increase in waste bottle recycling remains rather limited. Baling stations are holding up prices, making it difficult for washing plants to procure, and sellers are also reluctant to sell at low prices. The recycled PET bottle flake market is expected to consolidate in the short term.

5. Relevant product information

Polyester chip market: Today’s polyester chip market Semi-thin section collected at 7,360, while the bright chip market closed at 7,460, both up 80 from the previous working day. Today, the mainstream reference negotiation price for semi-dull polyester chips in the East China region is 7300. -7400 CNY/ton. Bright chip negotiable at 7400-7520. yuan/ Tons. As geopolitical tensions escalate and upper-end costs strongly drive prices, the price of polyester raw materials has shown an upward trend during the day. The trading atmosphere in the polyester chip market has significantly improved, and some factories have seen an increase in production and sales.

6. Data Calendar

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