[Recycled PET Daily Review] Recycled PET Remains Stable

1. Today's Summary

①、 Today, the mainstream price of pure white imitation Dacron machine-cleaned flakes in Jiangyin is around 4,700 yuan/ton, while the mainstream price of blue-white imitation Dacron machine-cleaned flakes is around 4,200 yuan/ton.

② 、 On this trading day, the PTA spot price fell by 40 to 4,700 yuan/ton, and ethylene glycol dropped by 25 to 4,455 yuan/ton. The combined polymerization cost is 5,510.93 yuan/ton, compared with the previous trading day.Down by 42.57 (CNY/ton).

2. Spot Market Overview

Today, the imitation Dahua Shangji pure white in Jiangsu region closed at 4700 yuan/ton, remaining stable compared to the previous period. Weaving machine operation is declining, and only essential orders are being placed. Insufficient supply and poor sales in the regenerated chemical fiber factory have led to an accumulation of finished products and limited profitability, resulting in raw material procurement prices often being absorbed at low levels.The increase in glass bottle recycling is below expectations, and the price decline is limited. Due to the difficulty in procurement and limited profit margins at packing stations and cleaning plants, there is a tendency to hold back from selling at low prices. The price remains stable for now.

3. Production Update

The weekly capacity utilization rate of recycled PET is 44.9%, unchanged from the previous period. The increase in recycled bottle collection is limited, raw material prices remain stable for now, but terminal demand is poor, leading to a downward trend in raw material procurement prices under the cost-control mindset of recycled chemical fiber. The daily profit of recycled PET is 200 yuan/ton.

4. Price Prediction

During the peak season for recycled glass bottles, there may be a slight downward trend in prices due to increased supply, but the decline is likely to be limited. With profit margins at cleaning plants remaining narrow, most are reluctant to sell at low prices.Terminal demand is weak, rigid demand support is insufficient, and sales in the recycled chemical fiber industry are sluggish, leading to continued pressure on raw material purchasing prices. Under the supply-demand game, the recycled PET bottle chip market is expected to operate within a range in the short term.

5. Relevant Product Information

Polyester Chip Market: As of the time of writing, the mainstream negotiated price for semi-dull polyester chips in the East China region is around The price of 5810 yuan/ton for bright chips closed at 5850 yuan/ton, down by 40 and 30 compared to the previous working day, respectively. 。 Under the pressure of declining costs, the transaction focus in the polyester chip market has decreased, deepening market caution. Some downstream players still have certain expectations for improvement in future costs and demand, with a small amount of stocking occurring during the day. 。

6. Data Calendar