SunSirs: China PET Market was Stable on December 21

　　Latest price (December 21): 7,800.00 RMB/ ton

　　As of December 21, the average price of PET water bottle manufacturers was 7,800 RMB/ ton. The overall market was stable and strong, and the negotiation atmosphere was general. At present, the terminal demand was poor, the shipment was slow, the production reduction and maintenance of upstream PTA plants increased, the operating rate was 66%, and the crude oil price fell. Therefore, in the short term, the stable operation of PET was the main factor, and the upward space was limited.

　　China PET market is expected to operate stably in the short term.