Recycled PET Daily Review: Recycled PET Stays Stable
1. Today's Summary
①、 Today, the mainstream price of Jiangyin imitation Dahua pure white clean sheet is around 4750 yuan/ton. Imitate the big. The mainstream price of blue and white clean sheets for chemical use is 4250 yuan/ton.
② 、 The spot price of PTA increased by 5 to 4,590 yuan/ton, while ethylene glycol decreased by 21 to 4,290 yuan/ton, translating to a polymerization cost of 5,361.60 yuan, compared to the previous trading day. Down by 2.76 (Yuan/ton).
2. Spot Overview
Based on the Jiangsu region, today's price for imitation Da Hua Shang Ji pure white is 4750 yuan/ton, remaining steady compared to the previous period. The weaving startup recovery is not as expected. Limited demand for domestic and foreign textile products, regeneration The chemical fiber factory is experiencing weak production and sales, with finished products accumulating in inventory. The main focus is on cost control, and raw material procurement is conducted opportunistically at lower prices. But in autumn, the weather is cool.Under the limited recycling of glass bottles and the expectation of tight future supply, packaging stations and cleaning plants are generally holding firm on prices and reluctant to sell. Under the game of supply and demand, the recycled PET bottle chip market is at a standstill and undergoing consolidation.
3. Production Dynamics
The weekly capacity utilization rate of recycled PET is 45.4%, consistent with the previous period. The increase in the collection of crude bottles is limited, and the price of raw materials remains firm. Meanwhile, terminal demand has slightly improved, keeping the profit of recycled PET stable. The daily profit of recycled PET is 300 yuan per ton.
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Figure 3 Domestic Recycled PET Capacity Utilization Trend Chart |
Figure 4 Comparison of Profits and Prices of Recycled PET (Unit: Yuan/Ton) |
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Data Source: Longzhong Information |
Data Source: Longzhong Information |
4. Price Forecast
End-user demand falls short of expectations, placing pressure on sales and production for recycled fiber manufacturers, with a strong focus on cost control and pricing pressure.As autumn arrives and temperatures drop, expectations for recycling narrow. With limited future supply from packing stations and cleaning plants, many are reluctant to sell at low prices. The market for recycled PET bottle flakes is expected to operate within a range in the short term.
5. Related product information
Polyester chip market: As of the time of writing, the market for semi-dull polyester chips today has... 5725 yuan/ton, the market for sliced products closed at 5755 yuan/ton, an increase of 5 and stable compared to the previous working day. Before the holiday, driven by active downstream stockpiling and cost rebound, the trading atmosphere in the polyester chip market improved significantly this week. This morning, the market quotations for polyester chips ran steadily with a slight upward trend, but the continuous rise in raw materials showed signs of losing momentum, leading to a stalemate in the overall transaction focus of the chip market.
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