Recycled PET Daily Review: Recycled PET Steady Operations

1. Today's Summary

①、 Today, the mainstream price of Jiangyin imitation Dazhuan pure white sheets is around 4700 yuan/ton, while the mainstream price of imitation Dazhuan blue and white sheets is 4250 yuan/ton.

②、 On this trading day, the spot price of PTA increased by 21 to 4,640 yuan/ton, while ethylene glycol decreased by 30 to 3,925, converting to a polymerization cost of 5,282.08, compared to the previous trading day.Rise 19.87 (yuan/ton)

2. Spot Overview

Based on the Jiangsu region, today's imitation large-scale pure white closed at 4700 yuan/ton, remaining stable compared to the previous period. 。 In the winter off-season for bottle recycling, market circulation of supplies is limited, and cleaning plants generally adopt a low-price holding-back sales mentality. However, the operating load of weaving is average.Terminal demand is weak, and the production and sales of recycled fiber factories are generally average, with a focus on controlling their mentality. Raw material procurement is mostly based on adjusting purchase prices according to their own inventory.Supply and Demand Game ， The recycled PET bottle flake market is in a period of consolidation.

3. Production Dynamics

The weekly capacity utilization rate of recycled PET is 45.6%, unchanged from the previous period. The increase in raw bottle recycling is limited, and raw material prices remain firm. Meanwhile, terminal demand has slightly improved within a narrow range, and the profit of recycled PET is temporarily stable. The daily profit of recycled PET is 150 yuan/ton.

4. Price Prediction

During the winter, it is cold, and the recycling of fur bottles is limited. The outlook for the cleaning plant is not promising, with limited profit margins, leading to a strong desire to lower raw material procurement prices, while maintaining firm selling prices.The support from essential orders is limited, and the production and sales of regenerated fiber factories are below expectations. Under the mindset of controlling costs, raw material procurement is mainly cautious and based on essential needs.Under the game of supply and demand, The short-term recycled PET bottle chip market is expected to operate within a range.

5. Relevant Product Information

Polyester chip market: As of the time of writing, today's polyester chip market semi-dull chips are... The price is 5570 yuan/ton, while the market for sliced products is 5610 yuan/ton, an increase of 5 and stable compared to the previous working day. During the day, positive news for the bulls drove the market. PTA Price The market shows a strengthening trend; however, new orders in the downstream polyester chip sector are insufficient. Coupled with the market's lack of confidence in raw material price increases, the trading atmosphere in the chip market has only slightly improved, with the main focus of transactions mostly remaining stagnant. 。