As of April 24, the PET water bottle manufacturer offered 5250.00 yuan/ton.

Products: Recent cost support is weak, polyester PET factory preferential shipping, but the downstream of the future confidence is insufficient. The exchange atmosphere is light, and east China polyester bottle sheet market is weak finishing. Now the mainstream manufacturers offer around 5400-5500 yuan/ton, and the mainstream market talks around 5200-5350 yuan/ton.

Industrial Chain: The polyester raw material PTA market declines, and the cost support is weakened. The bottle manufacturers offer reduced 50-100 yuan/ton, and the market negotiation center is weakened.

Industry: Rubber & plastic index on April 23 was 550 points, down 2 points from yesterday, down 48.11% from the highest point of the cycle 1060 points (2012-March-14), and up 4.17% from the lowest point of 528 points on April 06, 2020 (Note: Period from 2011-December-01 to now). 

Market Forecast: SunSirs PET analysts think that in the short term polyester PET market or weak finishing operation.

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