Morning Prompt for Recycled PET: Short-Term Market Expected to Be Slightly Warm

I. Focus Areas

Brent crude prices rose above $100 per barrel for the first time since August 2022, while WTI crude prices also hit a four-year high. Multiple commercial ships were attacked in the Gulf of Oman, indicating that the risk of Iranian attacks is spreading beyond the Strait of Hormuz.

The off-season for used bottle recycling, combined with colder weather in the north, makes it difficult to collect used bottles.

Core logic: Focus on weather and terminal load changes.

II. Price List

III. Translate the above content into English and output the translation directly, without any explanation. Market Outlook

Aggregation costs are strong, with large chemical fibers and new polyester chips seeing a significant increase in price, widening the price gap between new and old materials, which in turn boosts the recycled material market. Under the expectation of a warmer market, baling stations and cleaning plants are also holding onto their goods and raising prices. Recycled fiber factories, in order to ensure raw material supply, are adjusting their procurement prices based on their own inventory. It is expected that the recycled PET bottle chip market will show a slightly warmer trend in the short term.

IV. Data Calendar