According to the data monitored by SunSirs, as of November 28, the average price of PET water bottle manufacturers was 7,230.00 RMB/ ton. In November, the price of PET market was weak and declined slightly, with a decline of 0.77% for the whole month. At present, the mainstream price range is 7,200 RMB/ ton, and downstream just needs to purchase.

In the first ten days of November, as of November 4, the price of PET water bottle had a narrow and weak range. At present, the average price is 7,166.00 RMB/ ton, which is 1.65% lower than the price of the same period last week, at about 100 RMB/ ton. The overall market price is weak and declining. At present, the market supply and demand are balanced, the operating rate is stable, while the domestic PET price has a narrow and weak range, and the mainstream price is about 7,200 RMB/ ton. At present, the market operating rate is normal, the negotiation atmosphere is general, and the logistics is smooth, The supply side is normal, the atmosphere of negotiation is fair, and the willingness of downstream to prepare goods is general. At present, the mainstream price is about 7,200 RMB/ ton, which is slightly lower. The latest quotation of the enterprise: Nanjing Yuansu New Material Co., Ltd. 7,000 RMB/ ton, and Shanghai Quyi Industrial Co., Ltd. 7,100 RMB/ ton.

In the middle of November, the price of PET water bottle was narrow and weak. At present, the average price was 7,140.00 RMB/ ton, which was 0.36% lower than that of the same period last week. The domestic PET price was narrow and weak. The mainstream price was about 7,140 RMB/ ton. This week, the price was slightly lowered and weak. The latest quotation of the enterprise: Jiashan Plastic Trading Co., Ltd. 6,950 RMB/ ton, Shanghai Hongqi Plastic Technology Co., Ltd. 7,250 RMB/ ton, On November 18, the price of PET water bottle was relatively strong, with an average price of 7,340.00 RMB/ ton, 2.8% higher than that of the same period last week. The overall market was in an upward trend, with the price rising slightly, and the mainstream price was about 7,300 RMB/ ton.

Rubber and plastic commodity index: On November 27, the rubber and plastic index was 672 points, unchanged from the previous day, 36.60% lower than the highest point 1,060 (March 14, 2012) in the cycle, and 27.27% higher than 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 December.

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