China’s domestic pet market is weak and the atmosphere of negotiation is cold

According to the data monitored by the business agency, as of September 22, the price quoted by pet water bottle manufacturers was 5283.33 yuan / ton, and the price of mainstream manufacturers was around 5250-5350 yuan / ton. The market of polyester bottle chip in South China was in a weak position, with the mainstream price of 5000-5100 yuan / ton.

 

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Pet market is weak, market negotiation focus is weak, downstream cautious wait-and-see demand is poor, the number of new orders is limited, the negotiation atmosphere is low, and just need procurement is the main. At present, the polyester bottle pieces in East China are running at a low level, and the current quotations of mainstream manufacturers are around 5250-5300 yuan / ton. The mainstream negotiation price in South China is 5000-5100 yuan / ton. At present, the price of Xiamen Tenglong is 5300 yuan / ton, and that of Guangdong is 5300 yuan / ton Taibao 5300 yuan / ton, Zhuhai China Resources 5250 yuan / ton, Zhejiang wankai 5250 yuan / ton, Yizheng Chemical fiber 5300 yuan / ton. At present, the shipment is smooth and the inventory is general.

 

The upstream PTA market is weak in operation, the cost side support is general, and the just needed procurement is given priority to, and the negotiation atmosphere is dull.

 

On September 21, PTA commodity index was 34.13, down 0.22 points compared with yesterday, 67.16% lower than 103.92 points (2011-09-15), and 13.43% higher than the lowest point of 30.09 points on April 22, 2020. (Note: period refers to 2011-09-01 to now)

 

The chemical index on September 22 was 731, up 1 point compared with yesterday, 28.05% lower than 1016 (2012-03-13), and 22.24% higher than 598, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now)

 

Pet analyst of business agency thinks: pet market runs smoothly in the short term, and the focus of negotiation is low. (the above prices are provided by major pet manufacturers all over the country and analyzed by pet business analysts for reference only. Please contact relevant manufacturers for more price details.)

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