Cool Polyester Bottles In April, Can It Be Rejuvenated In May?
In April, the market for PET bottles rose slightly and then fell.
Near the end of the month, the mentality of project orders is becoming more and more obvious. It is just when middlemen and some downstream factories are bidding. The market competition is fierce, and the price of goods is increasing.
As of the end of the month, the main focus of East China's pet bottle flask was 8150-8350 yuan / ton, down 400 yuan / ton from the end of last month, or about 4.64%.
Raw end support Limited
PTA: as of the end of April, the price of PTA spot was strong under the influence of mainstream suppliers' repurchase, the lower polyester price reduction promotion, polyester production and marketing continued to be weak.
In May, some parts of the PTA device were expected to be maintained and maintained, and the spot liquidity of the market tightened, and the downstream polyester stocks fell. This has some support for PTA temporarily. However, the cost side PX rebound power is not strong, and the cost side support is not strong. It is expected that the trend will take place in May.
Ethylene glycol: the market of the ethylene glycol market is at a high level, which is a pressure on the market. However, the contradiction between supply and demand has been alleviated, and the demand for technical rebound after the continuous decline has been predicted.
The supply side is relatively stable.
At present, the comprehensive operation rate of bottle grade PET is around 89.4%.
On the dynamic side of the plant, the Wuliangye group has started the operation, and the overall operating rate has been steadily improved. The construction of Jiangyin Chenggao plant has been around 80%, and the facilities such as the three Lane Lane and Anhua are also driving normally.
Generally speaking, the supply side of PET bottle is relatively stable.
Demand side needs prompt improvement
At this stage, the downstream demand of PET bottle is prudent, multi-dimensional and rigid demand, and the shipper's enthusiasm for shipment before the festival is general.
But after entering May, the consumption of soft drinks industry will be increased. This will enhance the demand of soft drink enterprises for polyester bottles, small and medium-sized enterprises or increase the purchase amount of polyester bottles. However, due to the large stocking and large intermediaries turnover inventory, this will inhibit some orders in the PET bottle Market.
On the whole, it is expected that the PET bottle market will be warmer in May.
Focus on the good presentation of raw materials and demand side.
The reference interval is 8000-8500 yuan / ton.
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