1、 Price trend
According to the data monitored by the business agency, the current offer of the mainstream manufacturers is around 6300-6400 yuan / ton, and that of the spot mainstream negotiation is around 6150-6300 yuan / ton. Market reference: the price of water bottle in East China market is 6150-6250 yuan; the price of water bottle in South China market is 6150-6300 yuan; the price of water bottle in North China market is 6200-6250 yuan.
| PVA 1788 (PVA BP17) |
2、 Cause analysis
Products: polyester bottle chip manufacturer’s quotation was slightly increased, downstream carefully watched, the overall market turnover was not fast, most of them maintained rigid demand, production and sales were flat, and a few large manufacturers asked for orders. There is no obvious improvement in the market, mainly light finishing. At present, there are only a limited number of manufacturers returning to work, basically returning to work in batches, with a relatively slow speed and a strong wait-and-see state
Industry chain: crude oil rose, PTA pressure rose slightly, to some extent, supporting the market trend, short-term or stalemate operation, but the demand side of the downturn.
| PVA FIBER |
On the supply side: the supply of raw materials in the site is tight, the market atmosphere is light under various factors, and the supply and demand are in a dilemma.
Industry: on February 21, pet commodity index was 46.99, up 0.19 points from yesterday, down 54.71% from 103.76 (2011-09-22), and up 0.79% from 46.62, the lowest point on February 17, 2020. (Note: cycle refers to 2011-09-01 to now)
3、 Future forecast
Pet analysts believe that the market price is stable in the short term.
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