成本供应支撑乏力、需求疲软 预计瓶片延续弱势整理

Core Viewpoint - The polyester bottle chip market has shown a trend of rising initially and then declining, with futures contracts experiencing a significant drop, reaching a four-month low, and a weekly decline of over 1% [1] Market Analysis - Analysts believe that the polyester bottle chip market will continue to exhibit weak fluctuations due to weakened cost support and soft demand [1] - Initially, prices saw a slight increase due to rising oil prices driven by geopolitical risks, which provided temporary support from PTA costs [1] - However, as cost support weakened and demand remained sluggish, downstream purchases were limited to essential needs, leading to a slight decline in price levels [1] Future Outlook - The outlook for the next week suggests further weakening of cost support, with oil prices facing macroeconomic pressures despite geopolitical disturbances, and PTA expected to remain stable with a slight decline [1] - On the supply side, production levels of bottle chip manufacturers are stable, with ample spot supply failing to support prices [1] - Additionally, the market is entering a seasonal low demand period, making it difficult to boost buying interest, leading to an overall lack of positive market drivers [1] - The expected price fluctuation range for bottle chips is projected to be between 5750-5900 yuan/ton [1]