[recycled pet daily review] recycled pet shows localized weakness

1. Today's Summary

①、 The mainstream price of pure white net sheets on Jiangyin's large-scale spinning machine today is around 4800 yuan/ton. Imitation== The mainstream price of Huashangji blue and white clean flakes is 4300 yuan/ton.

② On the current trading day, the spot price of PTA increased by 2 to 4,612 yuan/ton, and ethylene glycol increased by 5 to 4,382, resulting in a polymerization cost of 5,411.23, compared to the previous trading day.Increase of 3.39 (yuan/ton).

2. Spot Overview

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

In Jiangsu region as a benchmark, today's imitation Dahuashangji pure white closed at 4800 yuan/ton, stable compared to the previous period. Due to poor demand expectations in certain areas, the sales of recycled chemical fiber factories are sluggish. With a cost-control mindset, the purchase price of raw materials has been reduced by 100 yuan/ton. But in autumn, the weather is cool.Due to the limited recycling of glass bottles and the expectation of tight future supply, packaging stations and cleaning factories are generally holding firm on prices and reluctant to sell. Under the supply and demand game, the recycled PET bottle flakes market remains stable in Jiangsu and Zhejiang, while prices are weak in Hebei, Guangdong, and Fujian regions.

Figure 1 Domestic Recycled PET Price Trend (Unit: Yuan/Ton)	Figure 2 Domestic Recycled PET Prices in Various Regions (Unit: Yuan/Ton)
Data Source: Longzhong Information	Data Source: Longzhong Information

3. Production Update

The weekly capacity utilization rate of recycled PET is 45.4%, remaining stable compared to the previous period. The increase in raw bottle recycling is limited, and the price of raw materials remains firm. Meanwhile, the narrow improvement in end-user demand has slightly improved, maintaining the stability of recycled PET profits. The daily profit of recycled PET is 300 yuan/ton.

4. Price Forecast

As autumn brings cooler weather, the expected return of used PET bottles is shrinking. With limited future supply expected from packing stations and cleaning plants, many are holding prices firm and reluctant to sell.ThenTerminal rigid demand is limited, and recycled chemical fiber factories are under pressure in production and sales, with a strong focus on controlling costs and reducing prices. Under the supply and demand game, the recycled PET bottle chip market is expected to operate with a weak consolidation.

5. Relevant Product Information

Polyester Chip Market: As of Press Time Today, the semi-dull polyester chip market closed at The market for semi-dull chips closed at 5,775 yuan/ton, and the market for bright chips closed at 5,815 yuan/ton, with the latter increasing by 5 yuan/ton compared to the previous working day. During parts of the day, the rise in PTA, combined with the support from downstream traders and factories' need-based stocking sentiment, led to an overall warming in the trading atmosphere of the polyester chip market today, though some differentiation exists. 。