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    Where Will The PET Bottle Market Go In The Context Of Weaker Demand?

    2019/8/28 11:12:00 0

    PET Bottle Flakes

    When the wind blows a leaf, everything is already startled. Beginning of autumn is like yesterday. In recent years, the market of polyester bottles is becoming more and more intertwined, and the demand side is limited. The tender of downstream large beverage factories is mainly based on just demand replenishment, and the price is suppressed at a low level. The leakage of houses is still overcast and rainy, and the international trade disputes escalated to suppress the PTA disk turbulence. The cost side support is weak, and the market pressure of PET bottle chips is increasing.



    Source: lung Chung

    Supply side: according to the latest data of long Zhong information, 16 domestic PET bottle producers have started to operate at 79.36%, an increase of 0.69% over last week, an increase of 7.18% over the same period last year. Among them, a factory in Guangdong polyester bottle production capacity of 260 thousand tons per year, the 23 night of this month because of the fault all stop, restart time is not yet determined. Market information said that in order to achieve the "parade blue" north of the Yellow River all production enterprises or will stop production and emission reduction from September 1st, the current Anyang chemical production plan has not yet been released, but it should respond. At present, the main factories are under 9 months' supply, and the order is mainly in October, and spot supply is limited.

    Demand side: this year is the 70th anniversary of the founding of the people's Republic of China. In order to ensure the blue sky and white clouds during the parade of national day, parts of the small and medium-sized bottle blank processing enterprises in North China are shut down due to environmental problems. In addition, from the start of the beverage plant, the load of the downstream large beverage plant has been on the decline, especially in the north, where the weather began to cool down, and the operation started to drop to around 7. In September, the overall plant load will also be reduced. At present, the tendering of downstream terminal beverage factories is mainly based on just demand replenishment, and new orders are scarce. From export data, the export volume of polyester bottle in July was 278 thousand and 600 tons, an increase of 40 thousand and 500 tons compared with last month, an increase of 68 thousand and 900 tons compared with last year. In 2019 1-7, PET bottle exports accounted for 42.46%, and export data grew steadily. Overall, the domestic demand for the lower reaches gradually decreases, and the rigid demand presents a weakening trend.

    To sum up, Sino US trade disputes have intensified, international oil prices have dropped, and polyester raw materials have been oscillating. Textile industry "golden nine silver ten" traditional peak season is coming, although the peak season has become normal, but the market is expected to have some improvement. PTA is in a dilemma when the profits are intertwined. The cost side support is weak, the PET bottle market is cautious, and the price is low. Production enterprises are tight in stock and give low price support. Terminal demand is not good, short term bottle market or stalemate is sorted out. In September, if there is no substantial positive factor, the bottle or market will not change.

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