According to the data monitored by SunSirs, as of September 30, the average price of PET water bottle manufacturers was 8,310.00 RMB/ ton. In September, the market price of PET was operating in a narrow range. The price fell by 7.25% for the whole month, with a range of about 600 RMB/ ton. At present, the mainstream price range is 8,000 RMB/ ton. The market supply and demand are balanced, the supply side is normal, the operating rate is stable, and the downstream just needs to purchase.

In the first ten days of September, as of September 7, the price of PET water bottle was narrow and weak. The average price of PET in the first ten days of September was 8,800 RMB/ ton. The overall market was narrow and weak. Compared with September 1, the price fell 1.79%. The focus of negotiation was weak. The market shipment was average and the logistics was smooth.

In the middle of September, as of September 19, the price of PET water bottle grade PET was narrow and weak. At present, the average price was 8,420 RMB/ ton, down 4.32% compared with the same period last week. The overall market was narrow and weak, the focus of negotiation was weak, the market shipment was average, and the logistics was smooth.

In late September, as of September 27, the price of PET water bottle was narrow and weak. At present, the average price is 8,310 RMB/ ton, which is 0.95% lower than that of the same period last week. The overall market is narrow and weak. At present, the focus of negotiations is low, the market shipments are general, the logistics are smooth, the operating rate is stable, and the domestic PET price is narrow and weak, which has been slightly lower than that of the same period last week. At present, the market operating rate is normal, and the manufacturers mainly give away profits and take orders, The shipment is positive, the logistics is smooth, the supply side is normal, the overall market transaction atmosphere is general, the negotiation atmosphere is fair, and the downstream readiness is general. At present, the mainstream price is about 8300 RMB/ ton, and the operation is weak with a small decline. The latest quotations of the enterprise are: Jiashan Molai Trade Co., Ltd. 8,350 RMB/ ton, Shanghai Hongqi Plastic Technology Co., Ltd. 8,500 RMB/ ton, and Shanghai Quyi Industry Co., Ltd. 8,050 RMB/ ton.

Rubber and plastic commodity index: On September 29, the rubber and plastic index was 705 points, up 2 points from the previous day, down 33.49% from the highest point 1,060 (March 14, 2012) in the cycle, and up 33.52% from the lowest point 528 on April 6, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

SunSirs PET analysts believe that China PET market is expected to operate stably in October, with a narrow range and a weak range. The mainstream price range will remain around 8,000-8,100 RMB/ ton.

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