Shouchuang Futures: Cost Decline, Significant Adjustment in PET Bottle Flakes Futures Prices

2026-03-18 22:54:06

On the supply side, the bottle chip factories continue to ramp up operations after the holiday. The Sanfangxiang 750,000-ton capacity plant is scheduled to restart around mid-March, while another 250,000-ton plant was shut down for maintenance in late February. China Resources JIangyin’s 1.2 million-ton polyester bottle chip plant was shut for maintenance in mid-January and restarted in early March.
On the demand side, domestic end-user operations are gradually recovering.
Overall, geopolitical risks have eased, and crude oil and polyester raw material prices have experienced significant adjustments. In the short term, bottle chip prices are expected to follow cost fluctuations and remain weak, with attention to geopolitical developments and changes in shipping costs. (First Capital Futures)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes