According to data monitored by Business Society, as of May 25th, the price of PET water bottles has been in a weak trend, with an average price of 7320.00 yuan/ton. This week, PET prices have been mainly in a narrow and weak range, with a slight decrease of 1.08% compared to the same period last week. The mainstream price is around 7300 yuan/ton, and the overall market negotiation center is stable.

The domestic PET price is operating in a narrow range with a weak trend. Currently, the mainstream price is around 7300 yuan/ton, and the overall market is stable with a weak trend. At present, the focus of negotiations is stable, and manufacturers are actively shipping. Downstream procurement is on demand, and logistics is smooth. Manufacturers are offering discounts and taking orders.

Rubber and Plastic Commodity Index: On May 23, the rubber and plastic index was 649 points, a decrease of 4 points from yesterday, a decrease of 38.77% from the highest point of 1060 points in the cycle (2012-03-14), and a 22.92% increase from the lowest point of 528 points on April 6, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

PET analysts from Business Society believe that the PET market is expected to operate steadily in the short term.