According to the data monitored by the business community, as of November 4, the price of PET water bottle has been operating in a narrow and weak range. At present, the average price is 7166.00 yuan/ton, which is 1.65% lower than that of the same period last week, with a drop of about 100 yuan/ton. The overall market price is weak and downward. At present, the market supply and demand are balanced, and the operating rate is stable.

This week, the domestic PET price is narrow and weak, with the mainstream price at about 7200 yuan/ton. At present, the market operation rate is normal, the negotiation atmosphere is general, the logistics is smooth, the supply side is normal, the negotiation atmosphere is fair, and the downstream readiness is general. At present, the mainstream price is about 7200 yuan/ton, with a small decline and weak operation.

Rubber and plastic commodity index: On November 3, the rubber and plastic index was 670 points, down 2 points from yesterday, down 36.79% from the highest point in the cycle 1060 points (March 14, 2012), and up 26.89% from the lowest point 528 points on April 6, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

According to PET analysts from the business community, the mainstream price of PET market is expected to be around 7200 yuan/ton in the short term, with a narrow range and weak operation.