The Fundamentals Are Cool, And Polyester Bottles Are Chill.

In late July, temperatures were high in all parts of the country, but polyester terminals suffered cold currents. Of course, PET bottles were no exception.

At the present stage, the demand for polyester bottle chips is weak, and some suppliers are slightly lower in price, but the market atmosphere is still light, which makes practitioners feel the coolness in this hot summer.

Cost side support collapse

PTA futures face by the early Huatai off the options event fermentation effect, this week fell sharply, the spot sharp shock downward, spot offer maintain a price of 5850-6000 yuan / ton self mention, negotiate 5800-5950 yuan / ton self mention.

The internal cause of the collapse is the continuing shrinkage of the terminal demand of the industrial chain, resulting in the gradual reduction of production in the polyester factory under the pressure of loss and unsalable pressure. PTA has shifted from the warehouse to the storehouse, and the ultra-high processing capacity is difficult to continue. The direct fuse is caused by the credit problems of many enterprises and has a huge impact on the market mentality.

In terms of ethylene glycol, under the influence of PTA's continuous downfall and downstream polyester production and marketing slump, there has also been a sharp drop, short or difficult to rise.

The commencement rate has fallen seriously

Because the terminal demand is weak, and the raw material end of the raw material has been kept high, the profit of PET bottle has dropped, causing the device to enter the maintenance state. It can be seen from the data that the operation rate of polyester bottle chips is 88.5% at the end of June, and the operating rate has dropped to 77.22% as of July 23rd.

Demand side is still light.

The 7-8 month is the terminal consumption season of PET bottle industry. But the flask market is not well received at present, and its purchasing power is weak.

The peak season orders for large soft drinks factories have been locked in advance, and two days prior to the transmission, the 30 thousand tons large single tender price of the downstream beverage factory is reported to be 7000-7100 yuan / ton, which was delivered in August, and the market was also empty.

At present, the mainstream manufacturers offer a high price of 7500-7600 yuan / ton, and the market mainstream spot is only about 7150-7350 yuan / ton, and the individual supply is low.

To sum up: yesterday, PTA fell 140 to 5790 yuan / ton, MEG fell 42.5 to 4410 yuan / ton, the cost of polymerization 6428. Polyester bottle is affected by cost side and low price impact, the center of gravity keeps falling down, and the downstream is bought by buying small bills. The price of the big factory is obvious. It is expected that PET bottles will continue to be weak.