1. Price trend

According to the data monitored by the business agency, the current mainstream manufacturers' offers are around 6300-6400 yuan / ton, and the market spot mainstream negotiations are near 6150-6300 yuan / ton. 

2. Analysis of influencing factors

Products: Recently, polyester bottle flake manufacturers continued to report stability. Under high inventory pressure, the price-defending mentality was firm, market trading was light, speculators were not enthusiastic about speculation, and the East China polyester bottle flake market was narrowed. At present, the mainstream manufacturers' offers are around 6200-6400 yuan / ton, and the market spot mainstream negotiations are near 6150-6300 yuan / ton. Zhejiang Wankai's latest offer is 6250 yuan / ton, China Resources Chemical Holdings Co., Ltd. 6250 yuan / ton, Anyang Polyester Material Factory 6250 yuan / ton.

Industry chain: The polyester raw material PTA market is relatively strong, the cost support is solid, the bottle manufacturer's offer is stable, and the market talks are light. Downstream recovery is slow and market transactions are lacking.

In terms of industry: On February 17, the PET commodity index was 46.62, which was the same as yesterday, and reached a historical low in the cycle. (Note: Period refers to 2011-09-01 to present)

3. Future Forecast

SunSirs' PET analyst believes that downstream recovery is slow and market transactions are lacking.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.