Tight Supply, Why Price Of Polyester Bottles Difficult To Rise?

After the Qingming Festival, the price range of polyester bottles is oscillating. During the Qingming Festival, the price of other polyester products rose sharply, and production and marketing were hot. The market for polyester bottles is slightly cold. After the holidays, with the increase of downstream demand, the manufacturers' delivery is quickening, resulting in the shortage of mainstream manufacturers, and orders being postponed for more than 2-3 days.

Narrow range of PET bottle flakes during the week

Domestic market price trend chart of PET bottles

The average price of PET bottles in the East China market last week was 5400 yuan / ton, which was 5.57% higher than that before the holiday, the biggest increase this year. Qingming Festival, supported by the news of rising crude oil, the cost side rose sharply, driving up the price of bottle flakes. Zhou Yuan far month orders hot, in recent months, the general supply of goods.

Shipments, the number of transactions increased in the month.

Before the Ching Ming Festival, OPEC+ was worried about a cut in yield agreement and crude oil rose. The downstream and middlemen all have moderate replenishment. After the festival, a small replenishment stage starts downstream, and the market improves. OPEC + production conference to stimulate market sentiment rebound, support for the formation of PTA. The price of PET bottle is rising rapidly under the guidance of cost end. The price of the high and low end is clearly differentiated, and the enthusiasm for catching up is rising. Especially in the afternoon of April 9th, worried about the arrival of the peak season, the rise in the market, a large number of small and medium terminal processing enterprises purchase remote source of goods, lock the cost ahead of schedule. In recent months, sourcing mentality is relatively cautious, and the market has risen sharply. In April 10th, a terminal soft drink factory tendering for 5-6 months was 40 thousand tons. With the acceleration of delivery, the supply of goods in recent months, especially the supply of oil bottles is tight. The supply of water bottles is generally tight in the past 5-6 months, and this year, due to public health emergencies, the supply of goods has been tight in early April.

Supply continues to grow and demand continues to support.

Recently, Dalian Yisheng two phase successfully launched its products at full capacity. Jiangyin Chenggao restarted the 600 thousand ton / year device. Now it has successfully produced its products and continues to load. The further increase of supply will largely ease the tight supply situation in the East China market. This week, the turnover was significantly reduced compared with last week, and terminal soft drinks companies did not hear about replenishment. Because of the low rolling replenishment, most of the raw materials in the small and medium processing enterprises are in high stock, and more importantly, the raw material bottle is ready for sale this year, so there is no need to buy more raw materials.

To sum up, the price of PET bottles is still low, compared with the same period last year, the price fell by 37.86%. The impact of crude oil has temporarily weakened and returned to fundamental logic. Polyester production and marketing support industry started high, but PTA days inventory short time is difficult to complete the library, or continue to shake bottom. Raw materials are vulnerable, and the supply of PET bottles increases, so prices are difficult to go up in short time. However, considering the gradual warming of the late weather, some students have returned to school smoothly, and the near distance tourist market is also recovering. If the terminal demand is improved significantly, the bottle film market will still be uplink. Export orders are less than in previous years, and domestic demand alone is difficult to increase.