According to the data monitored by the business community, as of April 8, the quotation of pet water bottle manufacturers was 7166.67 yuan / ton, the market focus of PET bottle chips was stable, the transaction atmosphere was general, pet cost support was insufficient, and the overall market was weak.

The price of PET raw materials is weak, the upstream support is insufficient, the downstream demand is flat, and the market transaction is flat. At present, the mainstream reference price in North China is 7100-7300 yuan / ton. The focus of negotiation is stable, mainly on the wait-and-see. The overall market has a strong wait-and-see atmosphere, and the purchasing enthusiasm is general.

The upstream ethylene glycol is weak, the price is low, the market trading atmosphere is flat, and the support for pet cost is weak. Ethylene glycol index: on April 7, the commodity index of ethylene glycol was 51.79, unchanged from yesterday, down 50.62% from the highest point of 104.87 in the cycle (2011-09-18), and up 54.46% from the lowest point of 33.53 on April 2, 2020. (Note: period refers to 2011-09-01 to now)

Business community pet analysts believe that: the upstream raw material prices are low, the downstream demand side is insufficient, the overall market shipment is slow, the pet market maintains a weak operation in the short term, and the rising trend is not obvious. (to know more about the latest market trends, please pay attention to the official account of the business community, get information on goods and grasp the price of commodities).