[PET Weekly Review] Polyester Bottle Chip Market Shows Weak Trend

This week Market Focus:

Production: Capacity utilization rate is 72.08%.

Raw material: PTA industry opens69.48% completed.

2. Market Analysis

During this period (August 29 to September 4, 2025), the price of polyester bottle chips declined. Thursday, September 4 East China Market PET Bottle-Grade Spot The price is 5,790 yuan/ton, down 70 yuan/ton from last week, a decrease of 1.19%. Specifically, during this period, the East China polyester bottle chip market fluctuated slightly stronger, with the price range between 5,740-6,030 yuan/ton. Demand remained weak, with low-level replenishment on a just-needed basis, and the cost-side support gradually weakened. Fortunately, the supply side saw multiple equipment incidents supporting the market's price-maintenance sentiment. However, at the end of the trading session, macro and crude oil bearish factors emerged.Cost collapse, polyester bottle chips significantly drop with costs, the decline exceeds market expectations. This further prompted a concentrated surge in buying on dips.

3. Market Influence Factors Analysis

During this trading period (20250829-0904), the production of polyester bottle-grade chips was 329,200 tons, with a week-on-week increase of 1.68%.

2) In this trading cycle ( 202508259-0904 According to the production cost calculation model of Longzhong Information, polyester bottle chipsThe weekly average profit is -282.57 yuan/ton, an increase of 53.49 yuan/ton compared to the previous period's average. The average polymerization cost is 5538.57 yuan/ton, which is 139.49 yuan/ton or 2.46% lower than last week.

4. Future Forecast:

Supply side: No changes in facilities, supply is stable, and sources of goods are gradually becoming more abundant.

Demand Side: During the peak demand season, the downstream soft drink industry's operating rate is stable at 85-95%, while oil mills are operating at approximately 64%. The PET sheet industry's operating rate is between 65-75%.

Cost Aspect: Crude oil is expected to decline, but the main raw material PTA is supported by tight supply and demand. The tight PX supply has slightly eased. Overall, the polyester cost side is expected to fluctuate strongly.

Next week's forecast: Demand is expected to be mainly rigid at low levels, with more digestion of previously stocked raw materials. Polyester raw materials have the potential for a slight rebound, coupled with an expected reduction in supply. Overall, it is anticipated that the East China polyester bottle chip market prices will show a strong fluctuation trend. The spot price for water bottle materials is expected to be 5,750-5,950 yuan/ton.