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[Morning Alert on Recycled PET] Recycled PET Is Expected to Show a Narrow-Range Sideways Trend in the Short Term

Longzhong 2026-06-16 09:41:41

I. Focus Points

1. Oil prices fell to their lowest level since early March, as the Strait of Hormuz is expected to reopen following a deal between the U.S. and Iran.

2. Incremental growth in the recycling of rough bottles, with weak price expectations.

Core logic: Focus on weather and changes in end-user load.

II. Price Form

 

6 Month 12th

6 15th of the month

Price Change Rate

ICE Brent crude oil

87.33

83.17

-4.76%

PX

1148.00

1075.17

-6.34%

PTA

6550.00

6245.00

-4.66%

MEG

4762.00

4562.00

-4.20%

Semi-thin section

7365.00

7080.00

-3.87%

Jiangsu and Zhejiang polyester staple fiber

7855.00

7550.00

-3.88%

East China Shangji White Plate

4700.00

4700.00

0.00%

Playing empty space

6100.00

6100.00

0.00%

Jiangsu 1.4D High-Strength Low-Elongation Simulated Viscose-like Fiber

5950.00

5950.00

0.00%

Note:
1. The related products PTA, PX, and MEG are all of international premium grade; for polyester staple fiber, semi-dull 1.56×38mm is selected; for recycled hollow fiber, three-dimensional 7D siliconized fiber is selected.
Note: The regenerated regular fiber uses Jiangsu 1.4D high-strength low-elasticity pseudo-dacron white; the regenerated hollow fiber uses three-dimensional 7D with silicone.
2. Crude oil is quoted in USD/barrel; naphtha CFR Japan and PX CFR China are quoted in USD/ton; the other three products are quoted in RMB/ton.
3. Except for the recycled PET bottle flakes, whose RMB price is a cash price, the RMB prices listed above are all tax-inclusive self-pickup prices based on spot foreign exchange settlement.
The two prices for the two periods refer to the point prices from the two working weeks before this week, not the weekly average price.
5. The rate of change is the month-on-month change rate.

III. Market Outlook

The aggregate cost has sharply declined, with large chemical fibers and new polyester chips experiencing a wide downward trend. The price gap between new and old materials has narrowed, putting pressure on the sentiment in the recycling market. End-user essential demand orders provide insufficient support, recycled chemical fiber production and sales remain sluggish, and amid a cost-control mindset, the tendency to push down raw material purchase prices persists. However, the increase in recovered bottle supply is limited, cold-washing plants are seeing poor profitability, and many are reluctant to sell at low prices.Recycled PET is expected to fluctuate within a narrow range in the short term.

Four Data Calendar

data

Publication Date

Last period data

Expected trend for this period

Polyester chip production-sales ratio

Weekday 16:00

55.91%

Recycled Bottle Flake Capacity Utilization Rate

Thursday 16:00

43.2%

Recycled Bottle Chip Factory Inventory

Thursday 16:00

7.27

Chemical fiber weaving operating rate

Thursday 16:00

51.08%

 

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