China’s domestic pet price is narrow and weak

According to the data monitored by the business community, as of October 26, the average price of pet water bottle manufacturers was 8200.00 yuan / ton, and the pet price was mainly stable (10.19-10.26). Compared with the same period last week, the price did not change, and the price fell by 5.03% compared with the same period last month. Pet remained weak and the negotiation atmosphere was general.

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This week, the domestic pet price is stable and weak, the price is stable, and the transaction atmosphere in the spot market is positive. At present, the overall market operating rate is normal, the downstream just needs to purchase, the atmosphere is weak, the mainstream price is about 8200 yuan / ton, there is a narrow downward trend, the manufacturers actively ship, the logistics is smooth, and the supply side is normal.

Upstream PTA operated in a narrow range, and the mainstream price was about 5300 yuan / ton. On the 20th, the average price of domestic PTA spot market was 5390 yuan / ton, down 2.45% yuan / ton from the previous day, up 56.58% year-on-year. The main futures 2201 closed 5440 and settled 5410, down 90, down 1.63%.

Pet analysts of business society believe that the pet market will remain stable and weak in the short term. (to know more about the latest market trends, please pay attention to the official account of the business community, get information on goods and grasp the price of commodities).

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