[Recycled PET Weekly Outlook] Recycled PET Bottle Flakes Market Expected To Consolidate In The Short Term
I. Focus Areas
Crude oil fell slightly last Friday, then surged in early Asian trading on Monday. The U.S. and Iran continue to attack each other, and Iran announced the closure of the Strait of Hormuz until further notice.
Recently, there has been rainfall in many areas, and the increase in bottle recycling is limited.
Core logic: focus on weather and changes in end-user load.
II. Price Form
|
7 the 3rd of the month |
7 the 10th of the month |
Rise and fall |
Fluctuation Rate |
|
|
ICE Brent crude oil |
72.12 |
76.01 |
+3.89 |
5.39% |
|
PX |
973.67 |
1017.67 |
+44.00 |
4.52% |
|
PTA |
5645.00 |
5860.00 |
+215.00 |
3.81% |
|
MEG |
4077.00 |
4350.00 |
+273.00 |
6.70% |
|
Semi-thin section |
6555.00 |
6750.00 |
+195.00 |
2.97% |
|
Jiangsu-Zhejiang polyester staple fiber |
7140.00 |
7290.00 |
+150.00 |
2.10% |
|
East China machine-made white paper sheet |
4700.00 |
4700.00 |
0.00 |
0.00% |
|
Playback in progress empty |
6000.00 |
6000.00 |
0.00 |
0.00% |
|
Jiangsu 1.4D High-Strength Low-Elongation Imitation Big Chemical Fiber |
5800.00 |
5800.00 |
0.00 |
0.00% |
|
Note: Translate the above content into English and output only the translation result, without any explanation. |
||||
、 Market Outlook
Following mutual attacks between the U.S. and Iran, Iran closed the Strait of Hormuz, causing crude oil futures to jump in early Asian trading on Monday. Aggregate costs are supported, while prices of major chemical fibers and virgin-grade polyester chips have risen, widening the price spread between virgin and recycled materials and boosting sentiment in the recycled market. However, end-user weaving demand remains weak, with purchases largely made on an as-needed basis. Recycled chemical fiber plants are seeing sluggish sales, and amid cost-control considerations, raw material procurement is mainly focused on bargain buying. The recycled PET bottle flakes market is expected to consolidate in the short term.
Five 、 Data Calendar
|
Data |
Release Date |
Last period data |
Projected Trend for This Period |
|
Polyester chip production-sales ratio |
Weekday 16:00 |
40.59% |
↑ |
|
Recycled PET flakes capacity utilization rate |
Thursday 16:00 |
41.6% |
↓ |
|
Recycled PET Flake Factory Inventory |
Thursday 16:00 |
7.08 |
↓ |
|
Chemical fiber weaving operating rate |
Thursday 4:00 PM |
52.85% |
↓ |
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