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【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.
Longzhong 2025-04-01 09:21:06

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:
1. Related products PTA, PX, and MEG adopt international premium-grade quality; polyester staple fiber selects semi-dull 1.56*38MM; recycled hollow fiber chooses 3D 7D silicon-added.
Note: Recycled polyester staple fiber uses Jiangsu 1.4D high-strength low-elongation imitation virgin white; Recycled hollow fiber uses three-dimensional 7D silicon-added.
2. The unit for crude oil is USD/barrel, the units for naphtha CFR Japan and PX CFR China are USD/ton, and the units for the other three varieties are RMB/ton.
3. The RMB prices in the above table are cash prices for recycled PET flakes and self-pickup prices inclusive of tax for all others.
4. The two periods of price refer to the spot prices from the previous two working weeks before this week, not the weekly average prices.
5. The涨跌率is the rate of change compared to the previous period.

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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