According to the data monitored by SunSirs, as of December 28, the price of PET water bottle was relatively strong. At present, the average price is 7,170.00 RMB/ton, which is 0.14% higher than that of the same period last week. The overall market is mainly narrow and strong, and the mainstream price is about 7,100 RMB/ton. The overall market supply and demand are balanced.

This week, the domestic PET price is on the strong side, and the price has risen slightly. The mainstream price is about 7,100 RMB/ton. The downstream just needs to purchase, and the readiness of goods is poor. Affected by public reasons, the logistics is slow at present. Old customers arrange orders for delivery, and new customers have limited orders. The latest quotation of the enterprise: Jiashan Molai Trade Co., Ltd. 7,100 RMB/ton, and Shanghai Quyi Industry Co., Ltd. 7,150 RMB/ton.

Rubber and plastic commodity index: On December 27, the rubber and plastic index was 667 points, up 1 point from yesterday, down 37.08% from the highest point in the cycle 1,060 points (March 14, 2012), and up 26.33% from the lowest point 528 points on April 6, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

PET analysts from SunSirs believe that the market price of PET is expected to rise by a narrow margin in the short term.

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