[pet daily review] cost support, polyester bottle chip prices narrowly rise

1 Today's Summary

①. Factory quotation part increased by 10-50. (Unit: Yuan/Ton)

②. Today's domestic polyester bottle chip capacity utilization rate is 70.89%.

2 Spot Overview

In the East China region, the spot price for polyester bottle-grade PET closed at 5910 today, remaining stable compared to the previous working day, in line with the morning forecast.

Due to cost pressures, some quotations from polyester bottle chip factories have increased by 10-50 today. The cost has risen, but today's market inquiries are relatively rigid, with quiet trading, leading to a narrow upward movement in the polyester bottle chip market. Offers for August-September sources are 5890-6000 or futures contract 2509-20 to +90; counteroffers are 5850-5960, with downstream and traders replenishing based on rigid demand. (Unit: RMB/ton)

Figure 1: Domestic Polyester Bottle Chip Price Trend Chart for 2025 (Yuan/Ton)	Figure 2: 2025 Domestic Polyester Bottle Chip Market Price Trend Chart (Yuan/Ton)
Data Source: Longzhong Information	Data source: Longzhong Information

3. Production Update

Today, the capacity utilization rate of polyester bottle chips reached 70.89%. In terms of profit, the price of raw material PTA increased by 25 to 4,695, MEG price increased by 32 to 4,500, polymerization cost rose to 5,517.71, and the profit for polyester bottle chips was a loss of -226.49 yuan/ton.

4. Market Sentiment

Table 2: Sentiment Expectations of Domestic Polyester Bottle Chip Upstream and Downstream Practitioners (Updated on Monday)

5. Price Forecast

The supply side of polyester bottle chips remains unchanged and stable. On the demand side, most customers place orders for same-day pickup. Downstream maintains purchasing at low levels, with some regional sources experiencing tight circulation.The short-term supply and demand pattern of primary polyester raw materials supports the cost trend well. ， There is no obvious favorable support on the supply and demand side. The market fluctuates with polyester costs.Relatively firm,As the peak oil demand season in the Northern Hemisphere summer gradually recedes, coupled with the continuous increase in crude oil supply, international crude oil is under short-term pressure. Caution is still needed on the raw material side. The spot price of polyester bottle-grade chips in the East China market is expected to be 5,850-5,950 yuan/ton tomorrow, with a focus on subsequent changes in raw materials.

6. Related Product Information

PTA Market: East China Market PTA price The center of gravity has shifted upwards, with discussions referring to around 4695. In August, main port delivery for September traded at a discount of 10-15, with some transactions, while in September, main port delivery for September traded near a discount of 0. Overall sentiment for commodities has improved, with absolute prices slightly warming and fluctuating in the afternoon, and the spot basis strengthening slightly. Market discussions are generally moderate. (Unit: RMB/ton)

MEG marketThe spot price of ethylene glycol in Zhangjiagang remains stable. The current week's buying price is at 4488, and the selling price is at 4490. The spot basis is from 09+77 to 09+79. For next week, the buying price is at 4489, and the selling price is at 4491, with the basis ranging from 09+78 to 09+80. The basis for the week after next is from 09+78 to 09+80, and the basis for late September is also from 09+78 to 09+80. (Unit: CNY/ton)

7. Data Calendar

Table 3: Overview of Domestic Polyester Bottle Chips Data (Unit: 10,000 tons, %)