Domestic PET prices increased slightly and operated strongly

According to the data monitored by the business community, as of October 18, the average price of pet water bottle manufacturers was 8200.00 yuan / ton, and the pet price rose narrowly, up 5.13% compared with the same period last week and 18.84% compared with the same period last month. Pet maintained an upward trend and the negotiation atmosphere was acceptable.

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The domestic pet price is strong, the price rises slightly, and the transaction atmosphere in the spot market is positive. At present, the overall market operating rate is general, the downstream just needs to purchase, the atmosphere is positive, the mainstream price is about 8200 yuan / ton, the manufacturers actively ship, the logistics is smooth, and the supply side is normal.

The upstream PTA operates in a narrow range, the mainstream price is about 5300 yuan / ton, and some large PTA units are restarted, but the upstream cost support is OK, and the falling space is also limited. It is expected that the short-term PTA will remain high and volatile. PTA commodity index: on October 17, PTA commodity index was 54.06, the same as yesterday, down 47.98% from the highest point of 103.92 in the cycle (September 15, 2011), and up 79.66% from the lowest point of 30.09 on April 22, 2020. (Note: the period refers to the period from September 1, 2011 to now).

Pet analysts of business society believe that the pet market will remain strong in the short term. (to know 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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