[Recycled PET Morning Brief] Recycled PET Bottle Chip Market Expected to Show Narrow Range Consolidation in the Short Term

Focus Points

1. Oil prices rise as Israel launches an attack in Qatar, reigniting Middle East risks.

The peak season for end-user textiles is approaching, and weaving operating rates are on the rise.

Core logic: Focus on weather and changes in terminal load.

2. Price List Form

Market Outlook

The price difference between new and recycled materials remains at a low level, putting pressure on the sentiment in the recycled market. In addition, The terminal order placement speed is below expectations, and the production and sales of recycled chemical fiber factories are sluggish. With a focus on controlling costs, raw material procurement is cautious and based on just-in-time needs. However, with expectations of a tight future supply at packing stations and cleaning plants, there is a strong sentiment to hold prices and be reluctant to sell. Amid the supply and demand game, it is expected that in the short term, recycled PET bottles will... The market is likely to show a narrow consolidation trend.

Section Four Translate the above content into English and output the translation directly without any explanation. Data Calendar