Generally speaking, the delivery and order intake of PET bottle chip market before the Spring Festival is good, which is relatively advantageous for the factories and price may fluctuate higher after the holiday. Currently, Bottle blowing and PET sheet factories have purchased a relatively sufficien Read More

Seeing from several large beverage factories recently, as the peak of the pandemic has passed and the small peak season of demand around the Spring Festival approaches, the operating rate of large beverage enterprises gradually increased from 40-50% to 70-80% after New Year's Day. From the tracking Read More

Generally speaking, bottle blowing or PET sheet factories give downstream end-users about 3 months of acceptance or no invoice, but usually the situation of debt is relatively serious, and some even delay delivery and payment until half a year or one year. In this way, the profits that can only be e Read More

Utilization rate of PET bottle chip capacity was at 96.8% based on designed capacity of 12.31 million tons/year. In addition to the plants that change production line and shutdown, most bottle chip factories have operated at higher rates to ensure the progress of centralized delivery after the Sprin Read More

On the export side, China PET bottle chip export order intake has improved again since November 2023, with an average monthly export order intake exceeding 380,000 tons. Recently, in Europe and the United States, due to energy, labor logistics costs and other reasons, the operating rate of PET bottl Read More

From the current statistics, the inventory of most of the PET bottle chip factories is not high, and averages at about 11days. According to the situation of several major mainstream producers in East China, after intensively replenishment last week, except for new materials or individual bottle chip Read More