According to the data monitored by the Business News Agency, as of February 24, the price of PET water bottle level was relatively strong, and the current average price was 7480.00 yuan/ton. This week, the price of PET was narrow and weak, down 0.93% compared with the same period last week, and the mainstream price was around 7400 yuan/ton. The overall market supply and demand were balanced.

This week, the domestic PET price is weak, and the price has declined slightly. At present, the mainstream price is about 7400 yuan/ton. The downstream purchase is based on demand, the negotiation center is stable, the logistics is smooth, the manufacturers are active in shipping, the upstream support is not strong, and the operation is narrow.

Rubber and plastic commodity index: The rubber and plastic index stood at 684 points on February 23, an increase of 1 point from yesterday, a decrease of 35.47% from the highest point of 1060 points in the cycle (2012-03-14), and an increase of 29.55% from the lowest point of 528 points on April 6, 2020. (Note: the period refers to 2011-12-01 to now).

PET analysts of Business Agency believe that the PET market is expected to remain stable in the short term, with the mainstream range of about 7400 yuan/ton.