Recycled PET Daily Review: Recycled PET Steady Operation

1. Today's Summary

①、 Today, the mainstream price of pure white clean flakes in Jiangyin, imitating Dahuahua, is around 4,700 yuan/ton, while the mainstream price of three-dimensional grade cold water blue and white clean flakes is 420. 0 yuan/ton.

On this trading day, the spot price of PTA is -305 to 6245, the price of ethylene glycol is -200 to 4562, and the equivalent polymerization cost is 6867.75, which is lower than the previous trading day.Down by 327.78 yuan/ton.

Table 1 Summary of Domestic Recycled PET Prices (Unit: RMB/ton)

Based on the Jiangsu market, today imitation Dahua machine-grade pure white closed at RMB 4,700/ton, unchanged from the previous period. The wide-width prices of chemical fibers and new material polyester chips have declined.The narrowing price spread between virgin and recycled materials is weighing on market sentiment in the recycled materials sector. In addition,Weak end-user demand has led to sluggish sales and production in recycled chemical fiber plants, and raw material procurement is mainly based on their own inventory levels, with purchases made cautiously and only to meet immediate needs.However The profit of the washing factory is limited, operations are insufficient, and there is a tendency to sell at low prices. The overall market trading is generally sluggish.

Figure 1 Domestic recycled PET price trend (unit: yuan/ton)	Figure 2. Price trends of recycled PET across regions in China (unit: yuan/ton)
Data Source: Longzhong Information	Data source: Longzhong Information

3. Production Dynamics

The weekly capacity utilization rate of recycled PET was 43.2%, unchanged from the previous period. This week, the price of PET bottles has risen against the seasonal trend, while the price of recycled PET bottle flakes remains stable, leading to a narrowing of profits. Sure! Please provide the content you would like me to translate into English. The daily profit for virgin PET is 200 yuan per ton.

Figure 3 Trend Chart of Domestic Recycled PET Capacity Utilization Rate	Figure 4 Comparison of Profits and Prices of Recycled PET (Unit: Yuan/Ton)
Data source: Longzhong Information	Data source: Longzhong Information

4. Price Prediction

  Terminal demand is weak, with insufficient support from rigid demand orders. Recycled chemical fiber factories are facing sluggish sales, and under cost-control mentality, there is a strong tendency to bargain down prices when procuring raw materials. 。 The incremental increase in waste bottle recycling remains relatively limited. Baling stations are firming up prices, and washing plants find it difficult to procure materials. Selling prices are also low, with a reluctant attitude toward selling at lower prices. The recycled PET bottle chip market is expected to remain stable in the short term.

5. Relevant product information

Polyester chip market: Polyester chip market today Half-light slice received. 7080, and the polished slice market closed at 7170, down 285 and 270 respectively from the previous working day. Today, the mainstream reference negotiated price for semi-dull polyester chips in the East China market is 7,000. -7200 yuan/tonne, bright chips are under negotiation at 7,100–7,250 yuan/tons. The United States and Iran are about to sign a peace agreement, International crude oil In response, polyester feedstock prices fell sharply, and the polyester chip market showed significant divergence in transaction prices, with some low-priced cargoes seeing increased trading volume. 。

6. Data Calendar

Table 2 Overview of Domestic Recycled PET Upstream and Downstream Data (Unit: tons)