Recycled PET: upstream continues to be weak | new and old material price gap narrows

After entering the 'Golden September and Silver 10' peak season, the recycled PET products changed slightly compared with previous years. First of all, at the end of July and early August, the recycled PET was driven by the upstream PTA, ethylene glycol and new materials, and the price of the products climbed all the way. But the tradition is justified. On the occasion of 'Golden Nine', the upstream PET fell sharply, driving the price of new PET to decline, and the situation of recycled PET products was not satisfactory.

After the return of the holiday, the upstream PTA continued to decline. From the high price of 8,000 yuan/ton on October 10, it dropped to 7180 yuan/ton, down 820 yuan/ton; but the highest price in the second half was 9260 yuan/ton. The decline was around 2080 yuan / ton, down 22.5%. The trend of semi-light slicing in the new material PET East China market is very different from the trend of PTA. After eleven, from the high price of 9875 yuan / ton, down to 9550 yuan / ton, down 325 yuan / ton However, the recycled PET products have been kept consolidating in the near future. The filaments on the filaments contain a tax price of 8,000-8200 yuan/ton. The cold water blue and white tablets in Shandong do not include tax at 6500-6600 yuan/ton. 6400 yuan / ton, Henan at 6,300 yuan / ton, Zhejiang at 6,700 yuan / ton, since the 11th change is not big. The new and old material price difference from the high 2700 yuan / ton, down to 1,300 yuan / ton, down 1400 yuan / ton According to Jinlian, the current inventory of chemical fiber plants is mostly at a medium-low level. In addition, the weather is gradually getting colder. Some merchants intend to increase their prices to receive goods. Therefore, at present, the recycled PET market is fluctuating within a narrow range. Mainstream consolidation .

Recently, China Solid Waste Chemicals Management Network announced the approval of the 22nd batch of recommended import restrictions in 2018 in the network. In this approval, there are 203 tons of waste plastics, and all of them are scrap and scrap of PET. Material (Tax No.: 39159010). In batches 1-22, the total nuclear waste was quantified at 67,133 tons, and there were 13 batches of recycled PET, with a nuclear weight of 20,319 tons, accounting for 30% of the waste plastics. During the period, the import volume dropped sharply, and the phenomenon of recycled PET cargo will be normalized. At present, the peak season is coming to an end. If the PTA and new PET are not changed in a short period of time, the recycled PET products may be mostly consolidated, and some manufacturers are not excluded from the price increase. phenomenon.