Recycled PET Morning Brief: Short-Term Recycled PET Flake Market Expected to Trade Weakly with Volatility
1. Focus Areas
Crude oil futures rise for four consecutive sessions, with signs of escalating tensions in Iran indicating a bleak outlook for shipping through the Strait of Hormuz.
2. With the May Day holiday approaching, Mao Bottle recycling is likely to gradually enter its peak season, narrowing supply-side support.
Core logic: Focus on weather and end-user load changes.
II. Price Form
|
4 June 22 |
4 June 23 |
Fluctuation Rate |
|
|
ICE Crude oil |
101.91 |
105.07 |
3.10% |
|
PX |
1209.67 |
1234.67 |
2.07% |
|
PTA |
6520.00 |
6610.00 |
1.38% |
|
MEG |
4921.00 |
4929.00 |
0.16% |
|
Semi-lustrous chip |
7480.00 |
7560.00 |
1.07% |
|
Jiangsu and Zhejiang polyester staple fiber |
8110.00 |
8170.00 |
0.74% |
|
East China On-Machine Blank |
4800.00 |
4800.00 |
0.00% |
|
Regeneration Hollow |
6250.00 |
6250.00 |
0.00% |
|
Jiangsu 1.4D High-Strength Low-Elongation Imitation Polyester |
6200.00 |
6200.00 |
0.00% |
|
Note:
Translate the above content into English and output the translation directly without any explanation. |
|||
III. Translate the above content into English, output the translation directly, without any explanation. Market Outlook
Recently, polyester raw materials remain supported, with prices of major polyester fibers and virgin polyester chips staying firm. The price spread between virgin and recycled materials remains at a high level, providing some support to the recycled market. However, downstream and end-users are adopting a cautious purchasing approach, leading to sluggish sales and production for recycled fiber producers, who continue to maintain a cost-control mindset and a tendency to push prices lower.With the peak season for bottle collection approaching, supply is expected to increase, and most washing plants are operating on a just-in-time basis. The recycled PET flake market is anticipated to remain weak and fluctuate sideways in the short term.
IV. Translate the above content into English, output the translation directly, without any explanation. Data Calendar
|
Data |
Release date |
Previous Period Data |
Trend Forecast for This Period |
|
Polyester chip output-to-sales ratio |
Weekday at 4:00 PM |
78.46% |
↓ |
|
Recycled flake production capacity utilization rate |
Thursday 16:00 |
45.7% |
↑ |
|
Recycled Bottle Flakes Factory Inventory |
Thursday 4:00 PM |
8.23 |
↓ |
|
Chemical fiber weaving capacity utilization |
Thursday 16:00 |
51.83% |
↓ |
【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
-
Continental Plans to Begin Sale of ContiTech in Early 2026
-
$4 Billion! Medtronic Makes Another Acquisition
-
BASF Delivers First Batch of Innovative Cathode Materials for Semi-Solid-State Batteries to Weilan New Energy
-
Profit and Revenue Growth Struggle to Conceal Debt Repayment Pressure; Success of Kingfa Sci & Tech's High-End Strategy Yet to Be Seen
-
Why did a century-old european dental instrument giant relocate its manufacturing hub to china?