PET market runs smoothly this week (5.24-5.28)

According to the data monitored by the business community, as of May 28, the average price of pet water bottle manufacturers was 6816.67 yuan / ton. This week, the PET bottle chip market was stable and weak. The mainstream quotation range was 6800-6900 yuan / ton. The raw material end was weak and the cost support was general.

This week, the pet market continued to be stable, the cost side support was weak, the wait-and-see atmosphere was strong, the transaction atmosphere was flat, the demand was low, the follow-up efforts were insufficient, the inventory was general, the factory continued to be stable, the downstream demand was insufficient, the number of new orders was limited, the purchasing atmosphere was flat, the weak operation was maintained in the short term, the upstream PTA rebounded slightly, the price rose slightly, and the cost was good, In the short term, it will maintain a stable upward trend.

On May 27, the rubber and plastic index was 788 points, 2 points lower than yesterday, 25.66% lower than 1060 points (2012-03-14), the highest point in the cycle, and 49.24% higher than 528 points, the lowest point on April 6, 2020( Note: period refers to the period from December 1, 2011 to now

Business community pet analysts believe that: the downstream demand is limited, the upstream rebounded slightly, and the trend of weak stability will continue in the short term( To learn more about the latest market trends, please pay attention to the official account of the business community, get information on goods, and grasp the price of commodities.

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