Recycled PET Daily Review: Recycled PET Stabilizes Operation

1. Today's Summary

①、 The mainstream price of Jiangyin's imitation large-scale pure white clean sheets today is around 4700 yuan/ton, and the mainstream price of imitation large-scale blue-white clean sheets is around 4250 yuan/ton.

②、 On this trading day, the spot price of PTA is down by 20 to 4510 yuan/ton, and ethylene glycol has fallen by 34 to 4111, which translates to a polymerization cost of 5233.24, compared to the previous trading day.Down by 28.49 (yuan/ton).

2. Spot Overview

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

Based on the Jiangsu region, today's imitation large-scale on-machine pure white closed at 4700 yuan/ton, stable compared to the previous period. 。 During the off-season for bottle recycling, the market has limited circulation of supply, making it difficult for packing stations to purchase, leading to reluctance in selling at low prices. Meanwhile, cleaning plants have limited profit margins, and with challenging future purchasing expectations, there is a reluctance to sell at low prices. However, terminal demand is limited, and orders are not meeting expectations.Regeneration The production and sales of the chemical fiber plant are generally moderate, with a focus on controlling costs, and raw material procurement is done cautiously based on actual needs. 。 Under the supply and demand game, The recycled PET bottle flake market is experiencing a range-bound operation.

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

3. Production Status

The weekly capacity utilization rate of recycled PET is 45.6%, remaining unchanged from the previous period. The increase in the recovery of raw bottles is limited, and the price of raw materials remains firm. Meanwhile, terminal demand has slightly improved within a narrow range, and the profit of recycled PET is temporarily stable. The daily profit of recycled PET is 150 yuan/ton.

4. Price Forecast

In the off-season for, the market circulation of goods is limited. Many packing stations are holding prices and reluctant to sell, while cleaning factories have limited future supply expectations, leading to many low-priced goods being held back from sale.The support for just-in-demand orders is limited, and the production and sales of regenerated chemical fiber factories are under pressure, leading to a strong mentality of cost control and price reduction in raw material procurement.The short-term recycled PET bottle chip market is expected to remain stagnant and consolidate.

5. Related Product Information

Polyester Chip Market As of press time, today's polyester chip market semi-dull chip... The price is 5555 yuan/ton, and the market price for bright chips closed at 5595 yuan/ton, both down by 10 compared to the previous working day. The increase in PTA supply is clear, and coupled with the lack of substantial positive macro news, market pessimism is strong. The cost shows a weak trend during the day, and the trading focus in the polyester chip market is steadily declining, although transactions are generally moderate. 。