The Atmosphere Of Trading Is Dull. The Trend Of PET Polyester Bottle Before The Year Is Difficult.

As of last Friday's market, the price of PET polyester bottle was mainly stable, and the upstream raw material market trend was gradually weakening. The mentality of the traders was affected. By the end of the year, most traders were selling goods at a stable price. The willingness to take over the goods from the lower reaches was not high enough, and the overall trading atmosphere was flat. The PET market in the past few years was hard to recover.

Upstream raw materials or weak shocks

First, let's talk about PTA. In terms of cost, oil prices rebounded in the short term, but the strength of the rebound weakened.

Supply and demand, supply gradually picked up and demand began to decline. At the same time, the PTA dynamic production profit is higher, which boosted the enthusiasm of producers. The downstream is facing the expected spring festival off-season, and the supply and demand side is becoming increasingly negative.

PTA short term overfall rebound trend, but the current PTA price is still relatively high in the oil price. At the same time, as the downstream demand falls, it is estimated that the rebound will return to the weak after the rebound, so it is expected that PTA will be weak in the short term.

Let's talk about MEG. Last week, ethylene glycol was weak and volatile. The overall load of ethylene glycol in China was 73.14%, of which 62.36% of coal glycol was used.

Overall, ethylene glycol is in a tired inventory cycle, and the long and medium term gap is still expected to exist. At present, the contradiction between the downstream polyester industry chain is moderately alleviated, and the rigid support is still acceptable. However, under the influence of the traditional off-season, the problem of excess supply of ethylene glycol and the problem of cash adequacy are still fermenting, and the arrival of the main port is maintained near 190 thousand tons this week, and the port will continue to accumulate.

The absolute price of ethylene glycol in the short term is low, and the underlying support is strong.

PET bottle market is slightly warmer

Last week, the center of the bottle Market of polyester bottle was higher, and some manufacturers' offer increased. The mainstream of East China water film market was discussed at 7800-7950 yuan / ton (factory), and the price of individual suppliers was slightly lower than that of 7700 yuan / ton (factory).

In the first half of the week, international oil prices rebounded slightly, PTA futures were strong, and bottles and pieces of factory quotas were raised. However, there was a general discussion about the general discussion. Among them, a large beverage factory in the upper reaches of the lower reaches of the last Tuesday was trading at 7700-7750 yuan / ton (factory), and the price of the local area was slightly higher. The other plant's nearly 2 kiloton list was close to 7800-7850 yuan / ton (factory), while the real negotiation was basically 7950-8050 yuan / ton (factory), and some slightly lower in the vicinity of 7800-7900 yuan / ton (factory). 20 thousand.

Last Thursday, there was still a factory offer up, but on the same day, the trend of PTA futures was generally low, and the market atmosphere was slightly lower. The factory's mainstream negotiation was near 8000-8150 yuan / ton (factory), and the downstream individual oil factories were in the vicinity of 7950-8150 yuan / ton (factory).

Last week, the five PTA futures market was weak, and the supplier's offer and negotiation remained unchanged.

What is the price of PET this week?

Polyester raw materials prices trend is weak, but crude oil futures intraday price rebounded, or PTA and MEG trend to form support, polyester bottle market demand side generally, the factory has little intention of price adjustment. It is expected that the market of polyester bottles or narrow shocks in recent years.