According to the data monitored by SunSirs, as of November 12, the average price of PET water bottle manufacturers was 7,900.00 RMB/ ton, and the PET price was mainly stable (11.8-11.12). Compared with the same period last week, the price was unchanged, and the price increased by 1.28% compared with the same period last month. Pet maintained a stable, medium and strong operation, and the negotiation atmosphere was general.

Last week, the domestic pet price operated smoothly, the price fluctuation range was limited, the transaction atmosphere in the spot market was positive, and the procurement atmosphere was acceptable. At present, the overall market operating rate was normal, the downstream readiness was general, the mainstream price was about 7,900 RMB/ ton, stable but weak, the manufacturers actively shipped, the material flow was smooth, and the supply side was normal.

The upstream PTA market rose slightly and rebounded in shock. Some enterprises focused on maintenance, and the supply side was tight. The weather affected the northern port logistics, and the short-term PTA price will maintain a narrow rise.

SunSirs PET analysts believe that China PET market will mainly maintain stable operation in the short term.

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