PET bottle flake prices surge, Sanfang Lane turns profitable, convertible bonds remain unaffected

PortfolioAlert · 2026-03-17T01:13:47+00:00

Based on current spot prices for bottle flakes/PX/PTA/PET,Sanfang Valley's long-process production can achieve processing fees of RMB 500-800 per ton,With 3 million tons of capacity, annual gross profit can reach RMB 1.5-2.4 billion,Even with a discount, it's still over RMB 1 billion,So Sanfang's problems should all be resolved,The chemical industry bull market has tight supply and demand,Q1 report turns loss to profit---earnings---common stock surges---convertible bonds forced redemption.Let's wait and see.

PortfolioAlert

2026-03-17 01:13:47

Based on the current spot prices of bottle chips/px/pta/pet,
the processing fee for the long process Sanfangxiang can reach 500-800 yuan per ton,
with a capacity of 3 million tons annually generating a gross profit of 1.5 to 2.4 billion yuan,
even after discounts, over 1 billion yuan.
Such issues with Sanfangxiang should be solvable.
The chemical sector is experiencing a bull market with tight supply and demand,
Q1 reports turning losses into profits—stock prices soaring—convertible bonds being redeemed strongly.
Let’s wait and see.

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