The price of industrial chain products rose month-on-month.
In July, the price of the recycled PET industry chain rose month-on-month, and it was higher than the price of the same period last year. In July, the production and sales of the main downstream recycled ordinary fiber and recycled hollow market both fell. One of the downstream recycled ordinary fiber was driven by the rise of primary chemical fiber in the beginning of the month, coupled with the support of the cost of raw materials, the price of recycled general fiber rose. In the second half of the month, due to the centralized parking of local factories, the reduction of product supply to support the mentality of the enterprise, and the price of recycled general fiber again As it rose, the market price of recycled ordinary fiber rose during the month, and the average price rose month-on-month, with an increase of 2.17%; while another major downstream recycled hollow market rose first and then fell due to the change of demand from strong to weak. The average price rose month-on-month, with an increase of 2.55%, and the average price of downstream products of recycled PET bottles rose. In terms of recycled PET bottles, more rainfall affects the pace of raw material recycling. The supply of recycled bottles in the field is still average. In the early month, the downstream recycled chemical fiber production and sales are good. Chemical fiber factories raise prices to buy raw materials on demand, and the market price of recycled PET bottles rose. Due to the weakening of demand later in the month, some manufacturers lowered the raw material purchase quotation. Low-cost expenditure, the market price of recycled bottle tablets fell in a narrow range, the average price rose month-on-month, and the average price of machine white tablets in East China increased by 2.70%. Wool recycling is still average, and the tight support of goods still exists. Merchants raise prices to attract goods, and the average price of raw wool bottles has increased by 0.55% month-on-month.
The profit of recycled PET chain has improved.
In July, the theoretical gross profit of the recycled PET bottle sheet industry was in a narrow profit state. Because the price increase is higher than that of raw materials, the theoretical profit of the recycled PET bottle sheet industry has increased. In terms of the main application areas of the downstream, the stocking mood of end customers in the early month is good, the production and sales of recycled ordinary fiber and recycled hollow markets are better, the intention of factories to reduce losses has increased, the quotations of enterprises have risen, the focus of market transactions has increased in a narrow range, and the theoretical profit and loss of the industry has slowed down. In terms of year-on-year, the profits of various products in the chain have decreased year-on-year, and the profits in the industrial chain are mostly concentrated in the upstream of the chain.