Market Dynamics: Price Fluctuation Of Polyester Bottle Piece

Recently, the tight spot circulation pattern of polyester bottle chips continues, and some products are hard to find. However, why does the market price fluctuate horizontally?

Market price trend chart of polyester bottle piece in 2021

Today's dual raw material futures prices narrow upward, cost support still exists. However, the mainstream factory of polyester bottle piece is mainly supplied by far month, and the quotation is stable. The price for delivery in March next year is 7300 yuan / ton, that in May is 7160-7300 yuan / ton, and that in July is 7200 yuan / ton. Some factories still reported 7650 yuan / ton in December. Traders offer 7100-7150 yuan / ton from March next year and 7100 yuan / ton from April to May next year. In recent months, the supply of PET bottle chips in East China has been discussed at 7600-7700 yuan / ton, with a slight decrease of 7550 yuan / ton and a slight increase of 7750 yuan / ton. In recent months, the source of goods in South China is 7600-7700 yuan / ton, slightly lower than 7500 yuan / ton; The lower reaches are more cautious and wait-and-see, just need sporadic replenishment, market trading is light, heard 7630 / 7650 yuan / ton, a small amount of transactions, January delivery 7300 yuan / ton transaction. A large downstream soft drink factory will bid for the supply of goods in the second quarter of next year.

Supply and demand side: in recent years, the domestic polyester bottle flake device has been operating stably, and the operating load is around 77.27%. The small line of a factory in East China changed production and slicing today, and the maintenance plan of a factory in East China will be further reduced in the end. On the demand side, after the centralized replenishment in the early stage, the recent purchase volume of large soft drink factories has decreased significantly. Most of the factory materials have been locked into the second quarter of next year. Small and medium-sized bottle blank and sheet material customers, considering the high processing costs, high storage space, the influence of bearish mentality, and low willingness to stock up, so they should be cautious and wait-and-see.

Under the rigid supply and demand situation, although the spot polyester bottle chip is difficult to obtain, but the demand for just demand is small, so the price rise is weak. The source of goods to be delivered in January next year is 7300 yuan / ton, 350 yuan / ton lower than the spot price. The supply in January has obvious advantages over the spot price, and the transaction is slightly better than the spot price. Short term supply continues to shrink, polyester bottle piece spot tension or continue until the Spring Festival.