PET bottle chip sales is quite impressive both in and abroad

Recently, PET bottle chip sales is quite impressive both in and abroad. Processing spread maintains high and trading volume also expands. In the past one month, concerns over supply tightness continues to increase, and large PET downstream plants have been purchasing all the time, ranging from Q4 spot goods to forward goods delivered in Q2 2022. According to CCFGroup incomplete statistics, the procurement volume of large downstream factories is about 600kt in November, followed by more than 200kt bidding on December 1. If the tenders are all settled, then within one month or so, downstream beverage and edible oil manufacturers have purchased more than 800kt.