[PET Weekly Preview] Polyester Bottle Chips Expected to Follow Raw Material Prices in a Weak Volatile Trend This Week
1. Focus Points
1 、 On September 5th, the market continued to focus on this Sunday’s OPEC+ meeting, fearing that a new production increase plan will be announced, causing international oil prices to decline.
2. PTA operating load is 69.11%.
Core logic: supply and demand stalemate, cost-driven
2. Price List Form
Three, Data Form
4. Market Outlook
After the rigid restocking behavior downstream of polyester bottle chips, there may be a temporary bottom support for prices, coupled with expectations of reduced supply pressure. However, overall demand remains weak, and cost support is declining. It is expected that polyester bottle chips will fluctuate weakly this week, following the softer trend of raw material prices.
5. Data Calendar
Data |
Publication Date |
Previous period data |
The trend for this period is expected |
Polyester bottle chip capacity utilization rate |
Weekday 16:30 |
72.98 % |
→ |
Data source: Longzhong Information
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