According to the analysis system of the commodity market of the Business Society, as of September 28th, the price of PET water bottle grade has been declining in a narrow range, with an average price of 7190 yuan/ton. In September, the PET market price fell by 1.51%, with the overall market operating in a weak range. Currently, the mainstream price is around 7200 yuan/ton, and the overall market supply and demand are balanced.

In September, domestic PET prices remained stable and slightly weak, with prices at 7300 yuan/ton at the beginning of September and 7190 yuan/ton at the end of the month, a 1.51% decrease compared to the same period last month. The overall price in September was weak and downward, with a low focus of negotiations. Currently, the mainstream price is around 7200 yuan/ton, with downstream restocking as needed being the main focus, and the negotiation atmosphere is average. Manufacturers mainly offer discounts and take orders, while upstream cost support is average and stable operation is the main focus.

Rubber and plastic commodity index: On September 26, the rubber and plastic index was 705 points, a decrease of 2 points from yesterday, a decrease of 33.49% from the highest point of 1060 points in the cycle (2012-03-14), and an increase of 33.52% from the lowest point of 528 points on April 6, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

PET analysts from Business Society believe that the PET market is expected to operate steadily and weakly in the short term.