On December 30, PET prices in China were low,

1、 Price trend

According to the data monitored by the business agency, on December 30, pet water bottle manufacturers quoted 6575.00 yuan / ton. This week, pet market fluctuated in a narrow range.

 

2、 Cause analysis

 

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In terms of products: the cost pressure increases, the loss situation persists, the manufacturer keeps the price actively, the delivery speed is slow, and the downstream demand is poor. The latest quotation of Zhejiang wankai is 6750 yuan / ton, that of China Resources chemical Holding Co., Ltd. is 6700 yuan / ton, and that of Anyang polyester material factory is 6700 yuan / ton.

 

On December 29, the pet commodity index was 49.44, unchanged from yesterday, down 52.35% from 103.76 (2011-09-22), the highest point in the cycle, and up 3.56% from 47.74, the lowest point on January 25, 2016. (Note: cycle refers to 2011-09-01 to now)

 

3、 Future forecast

 

Pet analysts believe that: in the short term, the focus of negotiation is low, and the main thing is to watch carefully.

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