[Recycled PET Monthly Review] Recycled PET Fluctuates Weakly

1. This month's market analysis

Domestic Recycled PET Price Monthly Fluctuation Table

Unit: Yuan/Ton

2. Market Impact Factor Analysis

In October, the price of recycled PET East China imitation large-scale spinning white flakes experienced a fluctuating downward trend month-on-month. At the beginning of the month, due to the off-season for bottle recycling, prices rose, and the operating load of cleaning plants declined with low-price reluctance to sell, resulting in stable operation of recycled PET bottle flakes. However, by mid-month, although there was some support on the supply side, the demand side was affected by unstable tariff factors, leading to insufficient support for just-needed orders. The production and sales of recycled fiber plants were sluggish, and prices began to decline. Additionally, the prices of virgin fiber and new materials were under pressure from polymerization costs, also fluctuating downward, narrowing the price gap between new and old materials, putting pressure on the recycled market. With a cost-control mindset, recycled fiber plants saw raw material procurement fluctuating downward. In the middle and late months, boosted by the rise in crude oil, the prices of virgin fiber and new material polyester chips rose, and production and sales slightly increased, slightly widening the original recycled price gap and somewhat boosting the market sentiment for recycling. However, with limited actual order placements, recycled fiber plants remained cautious in procurement, focusing on just-needed orders, and the price of recycled PET bottle flakes remained stagnant. As of October 29, the average monthly price of recycled PET imitation large-scale spinning white flakes in the East China market was 4,719 yuan/ton, a month-on-month decrease of 1.23%.

3. Market Forecast for Next Month

Expected recycling in the next period The PET bottle flake market is steadily rising. In the cold winter, the off-season for bottle recycling deepens, and with tight supply, prices are more likely to rise than fall. The profit margins for washing plants are limited, leading to a strong mentality of holding prices and reluctant to sell. Additionally, the prices of new polyester chips are relatively warm, increasing the price gap between new and recycled materials, which supports the recycling market. The PET bottle flake market is bound to improve. As the raw material inventory of recycled fiber factories is limited, there is a possibility of a narrow upward trend in raw material purchasing prices to ensure winter supply. Under the support of both supply and demand, it is expected that... 1 1 Monthly playback PET bottle flake market price rises to 4 75 0 Yuan /ton position, increase rate 0.66 %。