1.Today's Summary

① Today, the mainstream price of Jiangyin imitation Daika Shangji pure white clean flakes is around 4950 yuan/ton, and the mainstream price of imitation Daika Shangji blue and white clean flakes is 4550 yuan/ton.

② On this trading day, the spot price of PTA increased by 20 to 4860, and that of ethylene glycol increased by 5 to 4503. The calculated cost for polyester is 5663.81, which is an increase of 18.78 compared to the previous trading day (in yuan per ton).

2.Current Inventory Situation

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

As of Jiangsu's standard, pure white of current shipment costs 4950 yuan per ton, remaining unchanged compared to the previous price.Terminal demand is weak, with most focusing on clearing existing inventory. The production and sales of recycled chemical fiber plants are also slow, and their raw material procurement mainly involves buying at lower prices; some individual factories have suspended raw material purchases. Although we are currently in the off-season for PET bottle recycling, sorting centers and washing plants, expecting poor market conditions, primarily sell as they process without making additional stockpiles or storing goods. With both supply and demand being weak, overall market transactions are quite stagnant.

3.Production Dynamics

The weekly capacity utilization rate of recycled PET is 39.8%, up from 0.00% last period. Limited demand from end-users and downstream recycled fiber factories, with cautious raw material procurement based on essential needs. Cleaning plants mostly produce and release products as needed, resulting in limited increases in operating load. The daily profit for recycled PET is 400 yuan per ton.

4.Price Forecasting

End-use demand rebound is limited, downstream consumes existing inventory, regenerated fiber mill faces poor sales and production, with a cost-control mindset, there is no change in the attitude of pressuring prices for raw material procurement. Cleaning factory方面, weak future expectations lead to general operational load, mostly produce as per the situation, no plan to stockpile or hold inventory. Currently in the off-season for collecting PET bottles, supply side has certain support. The price outlook for the regenerated PET market remains largely focused on digesting existing price declines, with an expectation for the market price of regenerated PET bottle flakes to run weakly stable tomorrow.

5.Related product information

Polyester chip market: As of the time of writing, the semi-dull polyester chip market is at 6020 yuan/ton, and the bright polyester chip market is at 6030 yuan/ton, stable compared to the previous working day. With limited rebound in costs, the polyester chip market is generally in a stalemate. Downstream buyers had mostly made moderate purchases earlier, and under current cautious sentiment, overall factory sales and production are generally average.