[Regenerated PET Morning Brief] With limited overall market benefits, it is expected that the short-term regenerated PET market may experience a weak fluctuation.
I. Key Points
1. OPEC+ is reported to increase production as planned starting from April, with crude oil prices falling nearly 3% during the session;
2. The terminal weaving industry is gradually warming up, but the recovery in demand remains relatively limited.
Core logic: Pay attention to weather changes and variations in terminal load.
II. Price List

III. Market Outlook
Crude oil prices fell overnight, dragging down market sentiment. Additionally, there are not many new orders in the terminal market. Chemical fiber factories maintain just-in-time purchases of recycled PET, showing a price-cutting mentality. Overall, the benefits for the recycled PET market are limited, and it is expected that the short-term recycled PET market may experience a weak fluctuation.
【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
Most Popular
-
Middle East Tensions Escalate Again? U.S.-Iran Talks Collapse Before Starting, Crude Oil Volatility and Plastic Futures Retreat, Plastics Market Faces New Test
-
Saudi Core Petrochemical Zone Hit! Trump Issues "Final Deadline" Threat to Iran! Over 5 Million Tons of Production Capacity Halted in April
-
BASF Delivers First Batch of Innovative Cathode Materials for Semi-Solid-State Batteries to Weilan New Energy
-
Magna Announces Sale Of Lighting And Roof Systems Business
-
Vimar Launches Linea Switch Range Using Envalior Recycled Material, Cutting Carbon Footprint by Over 80%