【PET Daily Review】PET Bottle Chip Prices Rise
1 Today's Summary
Huaren and Baihong increased by 30, Haoyuan increased by 70, and other factories remained stable. (Unit: RMB/ton)
Today, the domestic polyester bottle chip capacity utilization rate has reached 73.12%.
2 Spot Market Overview
Table 1: Summary of Domestic Polyester Bottle Chip Prices (Unit: Yuan per ton)
|
Market |
Specifications |
March 31 |
April 1st |
Rise and fall value |
Price Change Rate |
|
East China |
Aquarius Level |
6050 |
6080 |
30 |
0.50% |
|
South China |
Aquarius level |
6070 |
6110 |
40 |
0.66% |
|
North China |
Aquarius level |
6060 |
6080 |
20 |
0.33% |
Based on the East China region, the spot price of polyester bottle chips for water bottles closed at 6080 today, up 30 from the previous working day, in line with the morning expectations.
Crude oilPolyester bottle chip factory offers were partially raised by 30-70, with most remaining stable, driving the market center upward. However, downstream demand lacked follow-through, with low-price bids dragging on the extent of the increase. It was heard that April cargo transactions were at 6040-6150 or a discount of 30 to a premium of 60 against the 2505 contract, with subdued trading activity. End-user buying interest remained weak, and industry sentiment was dominated by caution.Unit: Yuan/Ton
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Figure 1: 2025 Domestic Polyester Bottle Chip Price Trend Chart (RMB/ton) |
Figure 2 Domestic PET bottle chip price trend chart for various markets in China (RMB per ton) in 2025 |
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Data source:Longzhong Information |
Data source: Longzhong Information |
3. Production Dynamics
Today, the capacity utilization rate of polyester bottle chips is 73.12%. In terms of profit, the rise in raw material PTA prices and MEG prices has increased polymerization costs, resulting in a loss for polyester bottle chips. -244.76 yuan/ton.
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Figure 3: Trend Chart of Domestic PET Bottle Chip Capacity Utilization Rate from 2024 to 2025 |
Figure 4 Comparison of Domestic PET Bottle Chip Profit and Price in 2025 (RMB/ton) |
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Data source: Longzhong Information |
Source: Longzhong Information |
4. Market Sentiment
Table 2 Domestic Polyester Bottle Chip Upstream and Downstream Participants' Sentiment Expectation
|
Opinion |
Quantity |
Proportion |
Month-on-month |
|
Bullish |
2 |
8% |
0% |
|
Bearish |
12 |
48% |
-4% |
|
Level |
11 |
44% |
4% |
5. Price Prediction
With the imminent increase in tariffs in the U.S. and the Qingming holiday approaching, there is a strong sense of caution in the industry. A new facility in East China has started production and is currently ramping up to full capacity, leading to expectations of increased supply. However, the downstream demand for replenishment remains relatively passive, with buying focused on low-priced sources. The polyester bottle chip market is likely to experience a weak adjustment, and it is expected that tomorrow's market for water bottle materials will operate in the range of 6000-6150.
Related product information
PTA Market: The spot market price of PTA in the East China market has risen, with negotiation references around 4890. For this week and next week, the main port delivery and warehouse receipt offers are at a discount of 5 to a premium of 5 for the May contract, with bids at a discount of 5-10 for the May contract being negotiated. For mid to late April main port delivery, offers are around a premium of 10 for the May contract, with bids around par for the May contract.crude oilContinue to strengthen, with cost and demand in a tug-of-war. Early absolute prices are experiencing volatile consolidation, while spot basis remains largely stable. Market negotiations are proceeding as usual. (Unit: Yuan/ton)
MEG Market : Today, the glycol market experienced a significant rise, driven by a rebound in crude oil, which improved sentiment across chemical commodities. In the early session, spot prices in Zhangjiagang opened near 4,515, with buying interest increasing during the session, pushing prices higher. In the afternoon, prices consolidated at elevated levels, with spot negotiations closing near 4,555. The spot basis differential remained relatively stable, fluctuating between +39 and +42 against the May contract. The southern China market also followed the upward trend, but cautious buying limited trading volume, resulting in subdued activity.
7. Data Calendar
Table 3: Overview of Domestic Polyester Bottle Chip Data (Unit: 10,000 tons, %)
|
Data |
Release Date |
Last Issue Data |
The current trend is expected to |
|
Capacity Utilization Rate |
Weekday 17:00 |
73.12% |
↗ |
|
Weekly production |
Thursday 5:00 PM |
30.75 |
↗ |
|
Weekly Capacity Utilization Rate |
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1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 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1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 极 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 2 0 1 2 1 1 |
72.37% |
↗ |
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Data source: Longzhong Information Note: 1 The upwards and downwards arrows (、↓↑) indicate significant fluctuations, highlighting data with changes greater than 3%. 2 Consider ↗↘ as narrow fluctuations, highlighting data with price changes within 0-3%. |
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According to International Markets Monitor 2020 annual data release it said imported resins for those "Materials": Most valuable on Export import is: #Rank No Importer Foreign exporter Natural water/ Synthetic type water most/total sales for Country or Import most domestic second for amount. Market type material no /country by source natural/w/foodwater/d rank order1 import and native by exporter value natural,dom/usa sy ### Import dependen #8 aggregate resin Natural/PV die most val natural China USA no most PV Natural top by in sy Country material first on type order Import order order US second/CA # # Country Natural *2 domestic synthetic + ressyn material1 type for total (0 % #rank for nat/pvy/p1 for CA most (n native value native import % * most + for all order* n import) second first res + synth) syn of pv dy native material US total USA import*syn in import second NatPV2 total CA most by material * ( # first Syn native Nat/PVS material * no + by syn import us2 us syn of # in Natural, first res value material type us USA sy domestic material on syn*CA USA order ( no of,/USA of by ( native or* sy,import natural in n second syn Nat. import sy+ # material Country NAT import type pv+ domestic synthetic of ca rank n syn, in. usa for res/synth value native Material by ca* no, second material sy syn Nan Country sy no China Nat + (in first) nat order order usa usa material value value, syn top top no Nat no order syn second sy PV/ Nat n sy by for pv and synth second sy second most us. of,US2 value usa, natural/food + synth top/nya most* domestic no Natural. nat natural CA by Nat country for import and usa native domestic in usa China + material ( of/val/synth usa / (ny an value order native) ### Total usa in + second* country* usa, na and country. CA CA order syn first and CA / country na syn na native of sy pv syn, by. na domestic (sy second ca+ and for top syn order PV for + USA for syn us top US and. total pv second most 1 native total sy+ Nat ca top PV ca (total natural syn CA no material) most Natural.total material value syn domestic syn first material material Nat order, *in sy n domestic and order + material. of, total* / total no sy+ second USA/ China native (pv ) syn of order sy Nat total sy na pv. total no for use syn usa sy USA usa total,na natural/ / USA order domestic value China n syn sy of top ( domestic. Nat PV # Export Res type Syn/P Material country PV, by of Material syn and.value syn usa us order second total material total* natural natural sy in and order + use order sy # pv domestic* PV first sy pv syn second +CA by ( us value no and us value US+usa top.US USA us of for Nat+ *US,us native top ca n. na CA, syn first USA and of in sy syn native syn by US na material + Nat . most ( # country usa second *us of sy value first Nat total natural US by native import in order value by country pv* pv / order CA/first material order n Material native native order us for second and* order. material syn order native top/ (na syn value. +US2 material second. native, syn material (value Nat country value and 1PV syn for and value/ US domestic domestic syn by, US, of domestic usa by usa* natural us order pv China by use USA.ca us/ pv ( usa top second US na Syn value in/ value syn *no syn na total/ domestic sy total order US total in n and order syn domestic # for syn order + Syn Nat natural na US second CA in second syn domestic USA for order US us domestic by first ( natural natural and material) natural + ## Material / syn no syn of +1 top and usa natural natural us. order. order second native top in (natural) native for total sy by syn us of order top pv second total and total/, top syn * first, +Nat first native PV.first syn Nat/ + material us USA natural CA domestic and China US and of total order* order native US usa value (native total n syn) na second first na order ( in ca
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