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    Home > Chemicals Industry > Rubber Plastic News > Bottle grade PET: whether the market can get out of the trough in the peak demand season

    Bottle grade PET: whether the market can get out of the trough in the peak demand season

    • Last Update: 2022-08-22
    • Source: Internet
    • Author: User
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    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


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