1. Closing price of the previous mainstream market
Polyester bottle chips last closing price list
| market | Specifications and models | April 22 | Daily rise and fall |
| Jiangsu and Zhejiang | Aquarius level | 5600-5700 | -10 |
| South China | Aquarius level | 5600-5700 | -10 |
| North China | Aquarius level | 5600-5680 | -10 |
The market price of polyester bottle chips fell slightly on the previous working day. Polyester raw material PTA and bottle chip futures fluctuated in a narrow range, bottle chip supply quotations were stable and falling, the supply in some areas of the market was slightly tight, the market was cautious, and the market price center of gravity fell slightly.
2. Key factors affecting current market price changes
Cost: Crude oil prices have risen, cost support has increased, and it is expected that the PTA market will rise slightly today, and the cost support of bottle flakes is acceptable.
Supply: In the short term, there may be room for improvement in the start-up of the bottle flake industry. The supply in some areas is slightly tight, and production companies have the intention to maintain prices.
Demand: Downstream terminals are cautious and wait-and-see, and market transactions are limited.
3. Trend prediction
Today’s polyester bottle chip prices may be relatively warm. Although the market is worried about the production cuts of downstream polyester factories, crude oil prices have risen. It is expected that today’s PTA market will rise slightly, and the cost side of bottle chips will be supported. The supply side of bottle chips is tight in some areas, which supports the market of bottle chips. The market mentality is cautious. It is estimated that today’s polyester bottle chip prices may be relatively warm.