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This round of rise is mainly promoted by the supply side and cost side, while the demand is ordinary. On the one hand, the supply reduces sharply affected by the dual control policy. During the National Day holiday, most HC re-PSF plants in Cixi received the provisional notice to be shut for 7 days.
When China was still amid National Day holiday sentiment, PET flake prices in Guangdong market began to tick down. In Puning of Guangdong, prices of cold washed blue and white flakes declined to 4,800-4,900yuan/mt, and then, prices in Dongguan of Guangdong followed lower, down from 5,300yuan/mt to 5
The price spread between PET fiber chip and PET flakes once enlarged to nearly 900yuan/mt, returned somewhat after PET flake prices rose, but still above 600yuan/mt, which was a relatively high level.The rise of recycled chemical fiber prices was mainly pushed by the uptrend of PET fiber chip and PE
International crude oil prices rebound quickly recently stimulated by the macro news and geopolitical tensions. PTA futures surge, following the polyester products.SD PET fiber chip prices moved by 700yuan/mt from 6,500yuan/m to 7,200yuan/mt amid the good sentiment. For PET flakes, prices have been
