On March 16, the PET Market Fell in a Narrow Range

March 21, 2022

Latest company news about On March 16, the PET Market Fell in a Narrow Range

Product name: PET

The latest price (March 16): 8,320.00 RMB/ton

Analysis review

As of March 16, the average price of water bottle-grade PET of manufacturers was 8,320 RMB/ton. The PET market fell in a narrow range, and the overall market trend was weak. Compared with the previous day, the price dropped by 3.03%, and the focus of the negotiation was low. At present, the supply side is normal, the downstream enthusiasm is general, the demand is not good, and the purchase is mainly just needed.

Market outlook

It is expected that the PET market will be stable and weak in the short term.

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