Recycled PET: Bottle Flakes Expected to Hold Steady Today

Focus areas

Crude oil futures rose to their highest level since last October, boosted by the situation in Iran, severe weather in the United States, and a weaker dollar.

Due to the cooling weather, the supply of PET bottle circulating goods is limited, and prices remain firm.

Core logic: Focus on weather and terminal load changes.

II. Price List

、 Market Outlook

Sharp fluctuations in crude oil and polyester raw materials, combined with a broad decline in virgin fiber and virgin polyester chips, have caused the price spread between virgin and recycled materials to narrow sharply, weighing on sentiment in the recycled market. Additionally, with declining terminal operating rates and insufficient support from essential orders, sales for recycled chemical fiber plants remain sluggish. Under cost-control pressures, manufacturers are increasingly inclined to push for lower raw material procurement prices. However, as it is currently the low season for bottle collection and many cleaning plants are entering Chinese New Year holiday mode, the supply of tradable goods in the market is limited. Amidst this tug-of-war between supply and demand, the recycled PET bottle flake market is expected to remain in a stalemate today.

Four 、 Data Calendar