[recycled pet morning brief] recycled pet bottle chip market expected to operate within a range today
I. Points of Interest
1. Oil prices fall as traders watch for the next move by the US against Russia.
During the off-season for terminal textiles and clothing, weaving operations are running at a weak level.
Core logic: Focus on weather and terminal load changes.
2. Price List Form
8 May 5th |
8 6th of the month |
Change rate |
|
ICE Brent oil |
67.64 |
66.89 |
-1.11% |
PX |
838.83 |
843.83 |
0.60% |
PTA |
4660.00 |
4675.00 |
0.32% |
MEG |
4460.00 |
4493.00 |
0.74% |
Semitransparent Slice |
5790.00 |
5800.00 |
0.17% |
Jiangsu and Zhejiang Polyester Staple Fiber |
6465.00 |
6480.00 |
0.23% |
East China Upper Machine White Wafer |
4700.00 |
4700.00 |
0.00% |
Playing void |
6150.00 |
6150.00 |
0.00% |
Jiangsu 1.4D High Strength Low Elongation Simulated Polyester Fiber |
5700.00 |
5700.00 |
0.00% |
Remarks: |
3. Market Outlook
The prices of virgin and large chemical fibers are rising, and the narrow increase in the price difference between new and old materials is boosting market sentiment. However, terminal demand is still insufficient, with much reliance on existing inventory. The sales from recycled fiber plants are sluggish, and raw material procurement is cautious and based on just-in-time needs, putting pressure on the recycled PET market sentiment. Nevertheless, the profit margin for cleaning plants is limited, leading to a low-price reluctance to sell mentality. Amid the supply-demand game, it is expected that the recycled PET bottle chip market will undergo range-bound consolidation today.
I'm sorry, but it seems there is no content provided above to translate. Could you please provide the text that needs to be translated into English? Data Calendar
Data |
Publish date |
Previous Data |
The trend for this period is expected. |
Polyester Chip Production and Sales Rate |
Weekday 16:00 |
61.58% |
↘ |
Recycled bottle flake capacity utilization rate |
Thursday 16:00 |
44.9% |
↗ |
Recycled Bottle Flake Factory Inventory |
Thursday 16:00 |
5.6 |
↘ |
Chemical fiber weaving operating rate |
Thursday 16:00 |
55.51% |
↘ |
【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
Most Popular
-
Covestro faces force majeure!
-
DuPont plans to sell Nomex and Kevlar brands for $2 billion! Covestro Declares Force Majeure on TDI / oTDA-based / Polyether Polyol; GAC Group Enters UK Market
-
Baofeng energy's surge in performance: What Lies Behind the Scale of Production Capacity and High-end Layout? An Overview of Domestic Coal-to-Olefin Projects.
-
Aptar Launches Bio-Based Nasal Spray Packaging Solution
-
In 2024, the recycling rate increased by 14%! The current status, challenges, and development of PET recycling in Brazil