Regen PET Morning Prompt: Expected Short-Term Weakness and Oscillation in Regen PET Bottle Chip Market
I. Focus Areas
1. Oil prices rise as peace talks between the U.S. and Iran stall.
Bupleurum is in a slow season, with still limited available supply in the market, and prices remain stable.
Core logic: Pay attention to weather and terminal load changes.
II. Price Form
|
4 June 21 |
4 22nd of the month |
Fluctuation Rate |
|
|
ICE Brent Crude |
98.48 |
101.91 |
3.48% |
|
PX |
1200.67 |
1209.67 |
0.75% |
|
PTA |
6445.00 |
6520.00 |
1.16% |
|
MEG |
4868.00 |
4921.00 |
1.09% |
|
Half-bright section |
7460.00 |
7480.00 |
0.27% |
|
Jiangsu and Zhejiang polyester staple fiber |
8070.00 |
8110.00 |
0.50% |
|
East China White Sheet |
4800.00 |
4800.00 |
0.00% |
|
Regeneration hollow |
6250.00 |
6250.00 |
0.00% |
|
Jiangsu 1.4D High-Strength Low-Extension Polyester Fiber |
6200.00 |
6200.00 |
0.00% |
|
Note:
Translate the above content into English and output the translation directly without any explanation. |
|||
III. Translate the above content into English, and output the translation directly without any explanation. Market Outlook
With rising oil prices and the peace talks between the US and Iran at a stalemate, there is support for polyester raw materials, leading to a warmer operation for large-scale synthetic fibers and new polyester chips. The price difference between new and old materials has increased, boosting the sentiment in the recycled market. However, terminal demand is weak, and the production and sales of recycled fiber factories are not smooth, with the mentality of cost control leading to continued pressure on procurement prices. The peak season for the recovery of used bottles is approaching, and the supply is expected to increase, with washing plants mainly operating on a make-to-order basis. It is expected that in the short term, the recycled PET bottle chip market will experience a weak and fluctuating trend.
IV. Data Calendar
|
Data |
Release Date |
Previous data |
This period's trend is expected to |
|
Polyester chip production and sales rate |
Weekday at 4:00 PM |
88.57% |
↓ |
|
Recycled bottle chip capacity utilization |
Thursday 4:00 PM |
45.7% |
↑ |
|
Recycled PET Flake Factory Inventory |
Thursday 16:00 |
8.4 |
↓ |
|
Chemical Fiber Weaving Operating Rate |
Thursday 4:00 pm |
52.72% |
↓ |
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