Introduction: Recently, the domestic bottle-grade PET market has continued to be in a low and volatile pattern
Recently, the domestic bottle-grade PET market has continued to fluctuate at a low level
Data source: Jinlianchuang
On the first day after the holiday, since the domestic bottle-grade PET market fell to a low level, the market has been in a low-level volatile trend, and the market price in East China has been hovering around 6050-6300 yuan / ton
First of all, from the perspective of the polyester raw material PTA market, the domestic PTA market may continue to fluctuate, and the cost guides the market is limited
Secondly, from the perspective of the supply of the bottle flake enterprises themselves, after the holiday, due to the high inventory pressure, the bottle flake manufacturers have reduced the start-up of their installations.
There is also a downward trend.
Some bottle flake manufacturers are also expected to restart their parking devices.
One 270,000-ton unit in Yizheng resumed operation on March 4, and the other 150,000-ton unit will also return to full capacity
Thirdly, from the perspective of downstream demand, the current downstream construction is gradually increasing, and market orders are gradually increasing, but due to lack of confidence in the market outlook, the overall downstream stocking volume is limited
According to Jinlianchuang, the short-term bottle-grade PET market may maintain a low volatility pattern