Recycled PET Daily Review: Recycled PET Stays Steady

1. Today's Summary

①、

②、 On this trading day, the spot price of PTA increased by 45 to 4535 yuan/ton, while ethylene glycol decreased by 22 to 4161, resulting in a polymerization cost of 5271.36, which is lower than the previous trading day. Up 31.10 ( Yuan/ton )

2. Spot Overview

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 dynamics

The weekly capacity utilization rate of recycled PET is 45.6%, unchanged from the previous period. The increase in bottle recycling is limited, and the price of raw materials remains firm. Meanwhile, terminal demand has slightly improved, and the profit from recycled PET remains stable. The daily profit from recycled PET is 150 yuan per ton.

4. Price Forecast

The wool bottle recycling has entered the off-season, and the market circulation of goods is limited. Many packaging stations are holding prices and reluctant to sell, while the future supply expectations of cleaning factories are also limited, leading to a tendency to sell at low prices.The support for rigid demand orders is limited, and the production and sales of regenerated chemical fiber plants are under pressure, leading to a strong mindset 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 the time of writing, today's polyester chip market semi-dull chips... 5565 yuan/ton, the bright chip market closed at 5605 yuan/ton, up 15 and 20 compared to the previous working day. The macroeconomic benefits continue to permeate, and today the cost of polyester remains strong. The transaction focus of the polyester chip market continues to rise, but downstream demand is struggling to keep up with the price increase, and market buying interest is waning. 。