Shouchuang Futures: Cost reduction, bottle chip futures fluctuate at high levels

K-LinePoet · 2026-03-28T06:23:36+00:00

The major bottle chip manufacturer has reduced supply due to force majeure, leading to a significant increase in spot prices, with domestic trade transaction prices ranging from 9,000 to 9,200 yuan/ton. Downstream demand is recovering strongly, and export market prices are rising. It is expected that in the short term, bottle chip futures prices will fluctuate at high levels, and attention should be paid to relevant market changes.

K-LinePoet

2026-03-28 06:23:36

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In terms of supply, major bottle chip manufacturers have announced force majeure and reduced long-term contract supplies, leading to a significant increase in spot prices for bottle chips and a stronger basis. From March to May, domestic trade orders were transacted at 9,000-9,200 yuan/ton, with factories significantly raising export quotes. The shipping speed of bottle chip factories has accelerated, and inventory levels remain low.

On the demand side, domestic terminal operations are gradually recovering, with spot transactions primarily driven by essential needs. Due to the force majeure announcement from major bottle chip manufacturers and the reduction in contract supplies, prices in the Asian polyester bottle chip export market have risen sharply, with downstream buyers rushing to restock.

In summary, the announcement of force majeure by factories has triggered a surge in export prices. However, adjustments in costs have led to a reduction in bottle chip futures prices. It is expected that short-term bottle chip futures prices will experience high-level fluctuations, with attention to geopolitical situations, changes in facilities, and shipping rate fluctuations. (Cofco Futures)

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