Recycled pet daily review: Recycled PET Steady Operation

1. Today's Summary

①、 The mainstream price of Jiangyin imitation large chemical pure white net sheet today is around 4750 yuan/ton. Imitation large The mainstream price of blue and white net pieces on the market is 4,250 yuan/ton.

② 、 The spot price of PTA dropped by 35 to 4450, the TA basis weakened by 5 to 01-70, MEG fell by 120 to 4070, and the equivalent polymerization cost decreased by 70 to 5168. ==(Yuan/ton)

2. Spot Overview

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

Based on Jiangsu region, today the imitation semi-dull prime white closed at 4750 yuan/ton, remaining stable compared to the previous period. 。 Due to the recent rainy weather, the recovery volume of used bottles is limited. Packing stations mostly have a mindset of holding prices and being reluctant to sell. Cleaning plants find it difficult to procure and also have a mindset of holding prices.The demand for textiles and clothing is recovering slower than expected, recycling. The production and sales of the chemical fiber factory are generally moderate, with a focus on controlling costs. Raw material procurement is cautious and based on actual needs.Supply and demand game. The recycled PET bottle chip market remains in a stalemate and is operating steadily.

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

3. Production Status

The weekly capacity utilization rate of recycled PET is 45.4%, remaining stable compared to the previous period. The recovery of raw bottles has seen limited growth, and raw material prices remain firm. Meanwhile, terminal demand has slightly improved, keeping the profit of recycled PET stable for now. The daily profit of recycled PET is 300 yuan/ton.

4. Price Forecast

In the autumn rainy weather, the recycling of glass bottles is limited, and with limited future supply expectations at packing stations and cleaning plants, there is a tendency to hold back from selling at low prices.Demand recovery still requires time, and the operating load of weaving mills is limited in its upward movement. The production and sales of recycled fiber factories are under pressure, with a strong focus on cost control and price reduction. The recycled PET bottle chip market is expected to operate within a range after the holiday.

5. Related Product Information

Polyester Chip Market: As of press time, the semi-dull polyester chip market is priced at 5600 yuan/ton, while the bright chip market is priced at 5635 yuan/ton, down by 60 and 55 respectively compared to the previous working day. The mainstream reference negotiation prices for semi-dull polyester chips in the East China region are 5550-5600 yuan/ton, and for bright chips, the negotiation prices are 5580-5650 yuan/ton. OvernightCrude oilUnder the influence of a significant decline, the trading focus of the polyester chip market showed a downward trend today. However, downstream market participants were clearly in a wait-and-see mood, and the market trading atmosphere appeared weak, awaiting further guidance from new information.