【Morning Update on Recycled PET】Expectations for major chemical fibers and new materials are warm, while recycled PET bottle flakes are running weakly and steadily.
1. Focus Points
1. Crude oil rebounds to a more than two-month high, once rising over 3% during the session, posting gains for two consecutive quarters;
Demand recovery is relatively limited.
Core logic: Monitor weather and terminal load changes.
Price List
|
3 May 28th |
3 31st of the month |
Rate of change |
|
|
ICE Brent crude |
73.63 |
74.74 |
1.51% |
|
PX |
848.67 |
-- |
-- |
|
PTA |
4905.00 |
4840.00 |
-1.33% |
|
MEG |
4508.00 |
4482.00 |
-0.58% |
|
Semi-polished slice |
6040.00 |
6020.00 |
-0.33% |
|
Polyester staple fiber in Jiangsu and Zhejiang |
6725.00 |
6740.00 |
0.22% |
|
East China Shangji White Plate |
4850.00 |
4850.00 |
0.00% |
|
Regenerated Hollow Fiber |
6600.00 |
6600.00 |
0.00% |
|
Jiangsu 1.4D High Strength Low Shrinkage Imitation Dacron |
6325.00 |
6325.00 |
0.00% |
|
Note: |
|||
Three, Market Outlook
The overnight surge in oil prices has boosted market sentiment, with positive expectations for large chemical fiber and new materials, providing some support for recycled materials. However, the current weak terminal demand has led to sluggish production and sales in the recycled chemical fiber factories, which continue to focus on cost control and price suppression, putting pressure on the recycling sector. PET The bottle chip market. The support from the scrap PET bottle supply side is expected to weaken with rising temperatures. Short-term regeneration is forecasted. PET The bottle flake market is operating in a weak and stable manner.
Four, Data Calendar
|
Data |
Release Date |
Last period data |
This Period's Trend Forecast |
|
Polyester chip production and sales rate |
Weekday 16:00 |
44.96 % |
↘ |
|
Recycled bottle flake capacity utilization rate |
Thursday at 16:00 |
39.8% |
↗ |
|
Regranulate Bottle Flakes Factory Inventory |
Thursday 16:00 |
5.2 |
↗ |
|
Fiber manufacturing operating rate |
Thursday at 16:00 |
63.6% |
↗ |
|
Recycled PET Supply and Demand Data Form |
||||
|
Data Type |
2 21st of the month |
2 14th of the month |
Rate of change |
This week's expectation |
|
Production capacity utilization rate |
27.8% |
7.85% |
20.85% |
→ |
|
Enterprise Inventory Rate |
5.6 |
5.7 |
-1.75% |
→ |
|
Cash flow |
400 |
400 |
0% |
→ |
|
1 1. Capacity utilization rate is the ratio of the output of production equipment to the production capacity of the enterprise, reflecting production indicators; the data in the table above is weekly average data. 2. Production profit is an industry-level data that reflects the overall profitability of mainstream varieties in mainstream regions, with weekly average data in the table above. The profit of North China white sheets is selected, with a unit of yuan per ton. 3. Factory inventory days refer to the number of days for the inventory of production plants, reflecting trends in inventory changes and inventory pressure. The data in the table above represents the current inventory level, not the weekly average, with a unit of days. |
||||
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