[Recycled PET Daily Review] Recycled PET Experiences Localized Weakness

1. Today's Summary

①、 Today, the mainstream price of Jiangyin imitation Dahuashang pure white clean sheets is around 4750 yuan/ton. Imitation of the big. The mainstream price of machine-made blue and white clean sheets is 4250 yuan/ton.

② 、 Today, the PTA spot price fell by 60 to 4325, the TA basis weakened by 4 to 01-85, and MEG fell by 28 to 4122, resulting in a polymerization cost decrease of 61 to 5079. （ Yuan/ton ）。

2. Spot Overview

Table 1 Summary of Domestic Recycled PET Prices (Unit: Yuan/Ton)

Based on the Jiangsu region, today's imitation Dahua Shangji pure white closed at 4750 yuan/ton, stable compared to the previous period. 。 As autumn weather gradually cools down, the recycling volume of is relatively limited. Packing stations maintain a price-holding and reluctant selling mentality, while washing plants find it difficult to procure and also hold a price-holding mentality. However, end-user demand is not as expected.Play The chemical fiber factory's production and sales are generally stable, with a focus on controlling costs. Raw material procurement is cautious and based on just-in-time needs, leading to a narrow decline in prices in the Guangdong region. Other areas remain in a stalemate and continue to operate in an organized manner.

Figure 1 Domestic Recycled PET Price Trend (Unit: Yuan/Ton)	Figure 2: Price Trend Chart of Domestic Recycled PET by Region (Unit: Yuan/Ton)
Data Source: Longzhong Information	Data Source: Longzhong Information

3. Production Status

The weekly capacity utilization rate of recycled PET is 45.09%, remaining stable compared to the previous period. The increase in raw bottle recycling is limited, and raw material prices remain firm. Meanwhile, terminal demand has slightly improved within a narrow range, and recycled PET profits are temporarily stable. The daily profit of recycled PET is 300 yuan/ton.

4. Price Prediction

The demand recovery is still limited, the operating load of weaving is not meeting expectations, and the production and sales of recycled fiber factories are under pressure, with a strong focus on cost control and price reduction.The weather is gradually getting cooler, and the expectations for recycling are gradually narrowing. Packaging stations are mostly holding prices and reluctant to sell, while the future supply expectations for cleaning plants are limited, leading to a reluctance to sell at low prices. The recycled PET bottle chip market is expected to undergo range-bound consolidation in the short term.

5. Related product information

Polyester Chip Market: As of the time of writing, today's polyester chip market semi-dull chips... The market price for light slices is 5525 yuan/ton, a decrease of 65 compared to the previous working day, while the price is 5495 yuan/ton. Polyester costs continue to remain weak, but there is a just-in-time procurement consideration from downstream, and the current polyester chip market price is at a relatively low point. Today, market trading sentiment has significantly warmed up compared to the previous day. 。

6. Data Calendar

Table 2 Overview of Domestic Recycled PET Upstream and Downstream Data (Unit: Tons)