[recycled pet weekly outlook] the recycled pet bottle market is expected to show a narrow range consolidation trend today
1. Focus points
Oil futures rose as the risk of disruptions to Russian oil supply increased.
The peak season for terminal textiles is approaching, and the operating rates of weaving mills remain relatively high.
Core logic: Focus on weather and terminal load changes.
2. Price List Form
|
9 May 5 |
9 12th of the month |
Rise and Fall |
Change rate |
|
|
ICE Brent crude oil |
95.50 |
68.12 |
-27.38 |
-28.67% |
|
PX |
830.00 |
831.33 |
+1.33 |
0.16% |
|
PTA |
4585.00 |
4565.00 |
-20.00 |
-0.44% |
|
MEG |
4488.00 |
4378.00 |
-110.00 |
-2.45% |
|
Semithin section |
5750.00 |
5765.00 |
+15.00 |
0.26% |
|
Jiangsu and Zhejiang polyester short fibers |
6435.00 |
6440.00 |
+5.00 |
0.08% |
|
East China Shangji White Sheet |
4800.00 |
4800.00 |
0.00 |
0.00% |
|
Playing in the void |
6200.00 |
6150.00 |
-50.00 |
-0.81% |
|
Jiangsu 1.4D High-Strength Low-Elastic Imitation Polyester Fiber |
5750.00 |
5700.00 |
-50.00 |
-0.87% |
|
Remark: |
||||
Sure, please provide the content you need translated into English.Market Outlook
Aggregate costs are experiencing weak fluctuations. Both large chemical fibers and new materials are expected to be weak, and the price difference between new and old materials is expected to narrow, putting pressure on market sentiment. Additionally,Terminal order recovery is below expectations, and the production and sales of recycled fiber factories are sluggish. Under cost control mentality, raw material procurement is cautious and opportunistic when prices are low. However, as autumn cools, the recovery of wool bottles gradually narrows, and packing stations and cleaning plants are mostly holding prices with a reluctance to sell. Under the supply and demand game, it is expected that today's recycled PET bottle market...It may show a narrow-range consolidation pattern.
4. Data Calendar
|
Data |
Release Date |
Previous Data |
The trend for this period is expected |
|
Polyester Chip Production and Sales Rate |
Weekday 16:00 |
44.86% |
↘ |
|
Recycled bottle flake capacity utilization rate |
Thursday 16:00 |
45.4% |
↗ |
|
Recycled Bottle Flake Factory Inventory |
Thursday 16:00 |
6.7 |
↗ |
|
Chemical fiber weaving operating rate |
Thursday 16:00 |
62.42% |
↗ |
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