[Weekly Outlook for Recycled PET] Downstream recycled fiber factories are experiencing light shipments, and it is expected that recycled PET will remain weak and consolidate.
I. Focus Points
Crude oil rose for three consecutive days, increasing for two weeks, with Brent crude reaching a new high for the month;
2. The "Golden Three" has arrived, but the recovery in demand is rather limited.
core logic: focus on weather and terminal load changes.
II. Price List
Three, data form
Market Outlook
Terminal inventories are relatively high, and purchasing is cautious. Downstream recycled fiber factories have weak sales, mainly focusing on digesting existing inventory, with low purchasing enthusiasm and a persistent price-cutting mentality. Under poor expectations, cleaning plants mostly operate on a produce-and-sell basis. It is expected that the recycled PET bottle chip market will remain weak and consolidate this week.
Five, Data Calendar
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