According to the data monitored by the business community, as of November 11, the price of PET water bottle has been operating in a narrow range and weak. At present, the average price is 7140.00 yuan/ton, down 0.36% compared with the same period last week. The overall market is weak. At present, the market supply and demand are balanced, the operating rate is stable, and the procurement atmosphere is general.

This week, the domestic PET price is narrow and weak. The mainstream price is about 7140 yuan/ton. At present, the market operation rate is normal, the atmosphere of negotiation is general, and the willingness of downstream to stock up is not strong. At present, the mainstream price is about 7200 yuan/ton. This week, the price is slightly lowered and weak.

Rubber and plastic commodity index: On November 10, the rubber and plastic index was 671 points, down 1 point from yesterday, down 36.70% from the highest point in the cycle 1060 points (March 14, 2012), and up 27.08% from the lowest point 528 points on April 6, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

PET analysts from the business agency believe that the mainstream price of PET market is expected to be stable and strong next week.