High Cost, Weak Demand, Polyester Bottle "Price Without Market"

According to the cost of raw materials, the production cost of PET bottles is about 7800 yuan per ton. According to the price of 7600-7700 yuan / ton in the East China market, factory profit is in a state of loss.

At the beginning of the month, in the wake of the easing of international trade relations, the cost contract PTA main contract continued for two working days, resulting in a slight rise in the price of PET bottles. In July 2nd, the mainstream market in eastern China reached a price of 8100 yuan / ton. But with the good news out, polyester production and marketing to restore light, PTA futures disk limit, polyester bottle price loss dependence, market anxiety rise. Last week, although four bottles of film manufacturers collective price, but traders look empty market, eager to lock in profits, the market once sold, resulting in bottle bottle market prices fell sharply to 7750 yuan / ton. The downstream demand is obviously weaker than the past buying, and the purchasing intention is becoming weaker. The real transaction is limited in the field, and it lacks confidence in the future market. The market of polyester bottles began to enter the stage of price free market. On the one hand, the cost of upstream raw materials was high, and bottle makers were forced to raise prices.



Under the condition of profit loss, individual factories adjust their load, and stop or overhaul them in advance. Among them, Huarun Zhuhai and Jiangyin reduced production by 20%, the start-up load dropped to 80%, involving 320 thousand tons of production capacity, 150 thousand tons of East China factory 150 thousand tons of slicing, plans to stop in mid July parking repair 410 thousand tons of bottle device, maintenance time for a month; Yizheng chemical fiber plan 25 days to repair 250 thousand tons of bottle device, maintenance time of 10 days, Zhejiang wankai currently started 80%, June 27th 250 thousand tons of units to produce light section. The above cut down production involves a total of 1 million 380 thousand tons of flake production capacity. Up to now, the operating rate of bottle enterprises has dropped to 80.91%.


On the whole, the purchase of tenders for large end beverage factories has been reduced since last month. Moreover, in order to avoid the situation that raw materials could not be bought last year, most of the terminals have prepared the supply of goods ahead of schedule this year. Under the premise of sluggish demand, the bottle market can only rely on the raw material end, and the raw material terminal continues to be high. Long Zhong information expects: short bottle price or weak finishing, but there is limited space for continuous downlink.