According to the data monitored by the business society, as of March 11, the PET price of pet water bottle level was strong this week. At present, the mainstream price is 8750 yuan / ton, and the overall market is running in a narrow range. Compared with the same period last week, the price increased by 6.45%, or 500 yuan / ton.

This week, the domestic PET price is stable, medium and strong, the price rises slightly, the manufacturers’ shipment is positive, and the market transaction atmosphere is OK. At present, the overall market operating rate is normal, the willingness of downstream goods preparation is not strong, the terminal demand conflicts with high prices, the cost support is general, the mainstream price is 8500 yuan / ton, and the price rises slightly this week.

Upstream PTA is affected by device maintenance, and there is no significant increment at the supply end. Downstream polyester is under the pressure of high inventory and low profit, or it is expected to reduce production. At present, the cost factor continues to dominate the PTA market. With the decline of crude oil, the PTA market price is expected to fluctuate weakly and adjust.

Rubber and plastic commodity index: on March 11, the rubber and plastic index was 815 points, down 3 points from yesterday, down 23.11% from the highest point 1060 points in the cycle (2012-03-14), and up 54.36% from the lowest point 528 points on April 6, 2020. (Note: the period refers to the period from December 1, 2011 to now)

PET analysts of business society believe that the pet market is expected to be strong in the short term. (to know more about the latest market trends, please pay attention to the official account of the business community, get information on goods and grasp the price of commodities).