Plastic raw material PET market demand rebound supply support to strengthen

Judging from the price trend, the recycled PET plastic raw material market has also experienced several ups and downs this year, and the trend is also quite tortuous. At present, the overall market is improving and is in a slow rising stage. However, how long can this stage last and whether it can rise back to its peak period, the industry has different mentality.

As can be seen from the above figure, from the beginning of the year to the present, the change in the market of recycled PET bottles is still relatively large, but now it is in the rising stage, but the overall growth rate is relatively slow. The supply of on-site goods is gradually decreasing, and the cost side of the cleaning plant is also under increasing pressure. However, the recycled chemical fiber market is gradually maintaining a stalemate and consolidation stage, and the sales situation of chemical fiber products is relatively general. The profit-making space of chemical fiber factories is further compressed. From a cost point of view, most chemical fiber factories will not take enough bottles with high prices, so the bid for high-priced goods is blocked. In addition, the new material is mainly based on consolidation, and it is difficult to have strong support for recycled bottles in the short term.

Recycled PET market in the latter part of the market will be how to develop? Zhuo Chuang will be analyzed from the following aspects.

From the perspective of raw material supply, it has entered winter, the consumption of soft drinks has been significantly reduced, and the recycling of waste polyester bottles has been reduced. Coupled with the customs ban on the import of waste polyester plastics from the source of life, the shortage of raw material supply gradually intensified, the supply side to form a certain positive support.

From the demand side, the recycled chemical fiber market is in a consolidation stalemate, and the sales situation is relatively general. However, after the early inventory consumption, the raw material inventory of chemical fiber plants has been reduced, and the supply of goods still needs to be replenished, and some chemical fiber plants have to increase the purchase price. Recently, the cold wave swept the country, recycled hollow or to consume product inventory-based, pending chemical fiber plant inventory consumption to a certain extent, recycled chemical fiber market may produce a turnaround.

From the point of view of mentality, the supply of plastic raw material bottles in the winter market is gradually decreasing, the bullish sentiment of the cleaning factory is increasing, the willingness to reduce prices is low, the overall trend is relatively firm, the intention of low-cost goods is poor, and more goods are hoarded to rise. Downstream chemical fiber plant due to the difficulty of raw material price, the transaction with the market mainly.

From the perspective of alternatives, the market of new polyester chips has slightly improved due to the improvement of the raw material end. At present, the price of semi-gloss polyester chips in Jiangsu and Zhejiang regions is about 7850 yuan/ton, and the price difference with recycled PET bottle chips is still small. In addition, the recent polyester chips are mainly processed by concussion, which is difficult to improve greatly in the short term, and the impact on recycled PET is not obvious.

On the whole, the supply support of the recycled PET market is gradually strengthening, while the demand side is also continuing to pick up. Although the cleaning plants are stocking up, the downstream chemical fiber plants mainly focus on cost control, and new materials are temporarily difficult to play a strong supporting role in recycled PET. pvc plastic net predicts that the market price of recycled PET plastic raw materials will continue the strong trend in the early stage and may rise slowly in the later stage, but years ago, there may not be a peak.