【Recycled PET Morning Update】The price gap between new and old materials has widened slightly, and it is expected that recycled PET bottle flakes will operate stably with weak trends.

Focus Points

Crude oil hits a new high for the month, with Brent oil rising for five consecutive days.

"With the arrival of the 'Golden Three', the demand recovery is relatively limited."

Core logic: Focus on weather and terminal load changes.

Price List

Three,Market Outlook

The aggregate cost remains slightly warm, with prices of chemical fibers and new materials rising, while the price gap between old and new materials is widening slightly, boosting the recycled market. However, downstream and end-users primarily rely on existing raw material inventories, with recycled chemical fiber manufacturers focusing on sales. Under the mentality of controlling costs, the attitude of pressing prices for raw material purchases remains unchanged. Packing stations and washing plants mostly operate on a just-in-time basis. It is expected that the recycled PET bottle flake market will run weakly stable today, with limited adjustment ranges.

Data Calendar