CITIC Futures: The spot circulation of bottle flakes remains tight, with processing fees remaining high

Geopolitical tensions are tense, with frequent changes, and upstream polyester raw material prices have slightly increased. The spot market prices for polyester bottle flakes are relatively stable, but trading sentiment has declined. Additionally, raw material price guidance is not clear, and the market for polyester bottle flakes still requires cost support for a significant rise. It is expected that short-term prices will remain high and fluctuate, with attention to the second round of negotiations between the US and Iran and the situation in the strait. (CITIC Futures)

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