WorldScrap- This week, market movement of PET scrap went flatly with a slight shortage in supply of several varieties. As both the trading parties were not enthusiastic, the trading volume was sluggish.

Market Movement of Scrap PET:

This week, market quotations of PET scrap mainly stayed stable with several fluctuations at narrow range. The trading sentiment was bland. The supply situation was normal and futures goods accounted for a major percentage of market supply, among which the film in roll enjoyed popularity from the traders. In the wake of a sober mentality, traders tended to maintain the current price level, showing little interest to sell and deliver. Meanwhile, downstream buyers received goods with caution on slack demand. Both sides of trade made operations according to the market conditions in the main. As the insipid demand was hardly improved within a short period of time, the actual trading situation was still lackluster.

According to the latest data at worldscrap.com, market quotations of PET scrap saw slight volatility in flake market amid the whole stability. The overall deal sentiment in the market was so so.