[Recycled PET Daily Review] Recycled PET Weakly Stable Operation

1. Today's Summary

①、 The mainstream price of pure white clean flakes for imitation Dahua on-machine in Jiangyin today is around 4350 yuan/ton, and the mainstream price for blue-white clean flakes is around 3950 yuan/ton.

②、 The PTA spot price for this trading day is +117 at 4,882 yuan/ton, while ethylene glycol is -10 at 3,615, resulting in a polymerization cost of 5,385.14, compared to the previous trading day.Increased by 96.69. (Yuan/ton)

2. Spot Overview

As a benchmark in the Jiangsu region, today's imitation Dahua Shangji pure white closed at 4350 yuan/ton, remaining unchanged from the previous period. The weaving production load is relatively weak. Weak terminal demand and insufficient support from essential orders have put pressure on the production and sales of recycling fiber plants. Procurement is cautious and only maintains essential needs.During the winter season, the recycling off-peak period is in effect, resulting in tight circulation of market bottles. Cleaning plants are selling based on production due to weaker expectations.The recycled PET bottle chip market is operating within a range of consolidation.

Figure 1 Domestic Recycled PET Price Trend (Unit: Yuan/Ton)	Figure 2 Domestic Recycled PET Prices in Various Regions (Unit: Yuan/Ton)
Data source: Longzhong Information	Data Source: Longzhong Information

3. Production Dynamics

The weekly capacity utilization rate of recycled PET is 44.2%, down 0.3% from the previous period. This week's decline in virgin PET and recycled PET bottle flakes is the same. The profit of recycled PET remains stable for the time being. The daily profit of raw 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

Recently, the recycled PET bottle flake market has shown a trend of consolidation. On the supply side, although it is the off-season for bottle recycling and circulation is tight, washing plants have a cautious outlook for the future, often reducing their production load to maintain relationships with existing clients. On the demand side, end-user weaving operations are relatively weak, with insufficient support from basic demand, leading to pressure on sales for recycled fiber manufacturers and widespread price reductions in procurement. With no favorable support on either the supply or demand side, the recycled PET bottle flake market is expected to continue running in a consolidating manner in the short term.

5. Related product information

Polyester chip market: As of press time, Today, the semi-bright polyester chip market closed at 5620 yuan/ton, with the light-cutting slices market closing at 5650 yuan/ton, an increase of 75 compared to the previous working day. 。 International Crude Oil The rebound, combined with the market's expectation of tight PX supply in the future, will maintain the aforementioned situation. PTA Price The strong upward trend continued, driving up the transaction focus of the polyester chip market. However, downstream buyers showed a lack of enthusiasm for chasing the rising prices, leading to a divergence in market transaction prices, with the overall increase not matching the cost. 。