According to the data monitored by the business community, as of November 18, the price of PET water bottle was running strongly. At present, the average price is 7340.00 yuan/ton, 2.8% higher than that of the same period last week. The overall market is in an upward trend. At present, the operating rate is stable, downstream just needs to purchase, and the transaction atmosphere is general.

This week, the domestic PET price went up, with a slight increase. The mainstream price was about 7300 yuan/ton. At present, the market operation rate is stable, the negotiation atmosphere is fair, and the downstream suppliers are willing to stock up. The manufacturers are active in shipping.

Rubber and plastic commodity index: On November 17, the rubber and plastic index was 675 points, unchanged from yesterday, 36.32% lower than the highest point in the cycle 1060 points (March 14, 2012), and 27.84% higher than the lowest point 528 points on April 6, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

PET analysts from the business agency believe that the mainstream price of PET market is expected to be stable and strong in the short term.