Latest price (December 16): 7,400.00 RMB/ ton
As of December 16, the average price of pet water bottle manufacturers is 7,400 RMB/ ton. The overall market is stable and the negotiation atmosphere is general. Compared with the same period last week, the price has not changed significantly. The production reduction and maintenance of upstream PTA plants have increased, and the rise of crude oil has enhanced the support for PTA cost. Therefore, in the short term, PTA price will continue to rise slightly.
China PET market is expected to be stable and weak in the short term.
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