It is difficult to boost the domestic PET market demand in China

According to the data monitored by the business agency, as of August 18, the price quoted by pet water bottle manufacturers was 5466.67 yuan / ton, and the price of mainstream manufacturers was around 5400-5500 yuan / ton. The East China region maintained the sorting out, and the downstream was cautious to wait and see, and just needed procurement was the priority.

 

The pet market is in a weak position. The negotiation focus is low, the cost support is fair, the downstream demand is poor, the polyester bottle chip manufacturers are slow to ship, and the overall atmosphere is dull. At present, the mainstream manufacturers in East China offer around 5400-5500 yuan / ton, the mainstream market negotiation is around 5300-5400 yuan / ton, Xiamen Tenglong price is 5500 yuan / ton, Guangdong Taibao is 5450 yuan / ton, Zhuhai China Resources is 5550 yuan / ton, Zhejiang is 10000 yuan Kai 5450 yuan / ton, Yizheng Chemical fiber 5450 yuan / ton, mostly hold a cautious wait-and-see attitude.

 

Gamma PGA cosmetic

The negotiation focus of upstream PTA market tends to be strong, with cautious wait-and-see, limited downstream demand and poor transaction atmosphere.

 

On August 17, the rubber and plastic index was 619 points, up 1 point compared with yesterday, 41.60% lower than 1060 (2012-03-14), and 17.23% higher than the lowest point of 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

 

Pet analyst of business agency thinks: in the short term, the pet market shocks and arranges, looks carefully. (the above prices are provided by major pet manufacturers all over the country and analyzed by pet business analysts for reference only. Please contact relevant manufacturers for more price details.)

Gamma PGA

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