Recycled pet daily review: Recycled PET Weakly Stable Operation

1. Today's Summary

①、 Today, the mainstream price of pure white regrind in Jiangyin is around 4450 yuan/ton, while the mainstream price of blue and white regrind is 4050 yuan/ton.

②、 On this trading day, the spot price of PTA is +10 at 4604 RMB/ton, and ethylene glycol is +32 at 3668, equivalent to a polymerization cost of 5165.20, an increase from the previous trading day. Increased by 19.27 (yuan/ton).

2. Spot Overview

Based on the Jiangsu region, today's imitation Dahua Shangji pure white is quoted at 4500 yuan/ton, remaining stable compared to the previous period. 。 In the winter season, which is a slow period for recycling, the market experiences tight circulation of raw bottles, and cleaning factories tend to produce and sell according to demand due to weak expectations. End-user demand is sluggish, putting pressure on production and sales at chemical fiber factories, leading to cautious purchasing that only maintains essential needs. With weak support from both supply and demand sides, the recycled PET bottle chip market is fluctuating slightly on the weaker side.

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

3. Production Status

The weekly capacity utilization rate of recycled PET is 44.5%, down 0.5% from the previous period. This week, the decline in virgin and recycled PET bottle flakes is the same. The profit of recycled PET remains stable for now. The daily profit of raw PET is 200 yuan per ton.

4. Price Prediction

Recently, the recycled PET bottle chip market has shown a weak consolidation trend. On the supply side, despite being in the off-season for bottle recycling with tight circulation, cleaning plants are cautious about future prospects and mostly reduce their load to maintain old customers. On the demand side, terminal weaving operations have declined, with insufficient support from rigid demand, putting pressure on chemical fiber factory shipments, and widespread price reductions in procurement. Additionally, the weakening price of virgin polyester chips has narrowed the price gap with recycled materials, further constraining market sentiment. In the short term, the market may continue to operate weakly.

5. Relevant Product Information

Polyester chip market: As of the time of publication, Today, the semi-dull polyester chip market closed at 5460 yuan/ton, and the bright chip market closed at 5500 yuan/ton, down by 20 and 30 respectively compared to the previous working day. 。 International crude oil The market's pessimism deepened as it hit a low point again. In the morning, some polyester chip factories lowered their quotations, while some expanded their discount space. Coupled with the stabilization and recovery of costs during the day, the overall sales of polyester chip factories were quite good.