[Recycled PET Weekly Outlook] Recycled PET Bottle Flakes Expected to Move Within a Narrow Range Today
I. Points of Attention
The market is focused on the latest developments regarding OPEC+ production increases, and as geopolitical tensions have not escalated, international oil prices have fallen.
During the off-season for end-product textiles and clothing, weaving operations are running weakly.
Core logic: Focus on weather and terminal load changes.
2. Price List Form
7 25th of the month |
8 Month 1st |
Rise and fall |
Change rate |
|
ICE Canvas oil |
68.44 |
69.67 |
+1.23 |
1.80% |
PX |
873.00 |
845.67 |
-27.33 |
-3.13% |
PTA |
4900.00 |
4740.00 |
-160.00 |
-3.27% |
MEG |
4579.00 |
4480.00 |
-99.00 |
-2.16% |
Semithin section |
5925.00 |
5850.00 |
-75.00 |
-1.27% |
Jiangsu and Zhejiang Polyester Staple Fiber |
6615.00 |
6515.00 |
-100.00 |
-1.51% |
East China Shangji White Wafers |
4700.00 |
4700.00 |
0.00 |
0.00% |
Playing in the void |
6150.00 |
6150.00 |
0.00 |
0.00% |
Jiangsu 1.4D High Strength Low Stretch Imitation Polyester Fiber |
5700.00 |
5700.00 |
0.00 |
0.00% |
Remark: |
3. Data Form
4. Market Outlook
The prices of large chemical fibers and new materials are relatively weak, and the price difference between new and recycled materials is low, putting pressure on the recycling market. Additionally,Insufficient terminal demand. The sales of regenerated fiber plants are average, with a main focus on cost control, and raw material purchases are made at lower prices. However, the increase in recovered PET bottles is below expectations, and the price reduction may be limited. With limited profit margins for cleaning plants, they tend to sell at low prices but reluctantly. Amid the supply-demand game, it is expected that the recycled PET bottle market will experience narrow fluctuations today. 。
Five. Data Calendar
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