[Recycled PET Morning Briefing] Recycled PET Flake Market Expected to Remain in Stalemate
1. Focus points
Oil prices posted their biggest gain since late July, boosted by technical buying and signs of tightening supply.
The peak season for terminal textiles is approaching, and weaving operations are on the rise.
Core logic: Focus on weather and terminal load changes.
Section 2: Price List
9 The 1st day of the month |
9 February 2nd |
Rate of Change |
|
ICE Buyo |
68.15 |
69.14 |
1.45% |
PX |
848.67 |
846.00 |
-0.31% |
PTA |
4727.00 |
4727.00 |
0.00% |
MEG |
4507.00 |
4453.00 |
-1.20% |
Half-light section |
5835.00 |
5820.00 |
-0.26% |
Jiangsu and Zhejiang Polyester Staple Fiber |
6535.00 |
6515.00 |
-0.31% |
East China wafer slicing |
4800.00 |
4800.00 |
0.00% |
Reproducing hollow |
6200.00 |
6200.00 |
0.00% |
Jiangsu 1.4D high-strength low-elongation imitation polyester fiber |
5725.00 |
5725.00 |
0.00% |
Remarks: |
Sure! Please provide the content you would like me to translate. Market Outlook
The prices of large chemical fibers and new polyester chips are declining, and the narrowing price gap between new and recycled materials is putting pressure on the sentiment in the recycled market. Coupled with the fact that terminal demand is still cautious and primarily based on just-in-time needs, the production and sales of recycled fiber factories are limited, and raw material procurement is often focused on pressing prices when low. However, overnight crude oil is relatively strong, and with the expectation that future raw material supply from packaging stations and cleaning plants will be tight, there is a tendency to hold onto low prices. Supply and demand...In the context of the game, the recycled PET bottle chip market is expected to remain in a stalemate and consolidate.
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