Petrochemical Polymers PET Polyolefins Prices

Petrochemical Polymers PET Polyolefins

-Queen’s speech: Brexit top priority for UK government

Speech sets out what Boris Johnson wants his government to do.

The U.K. government is still determined to see Brexit through by October 31 — and you can take that from the queen.

The monarch opened her speech Monday, which sets out the government’s legislative plans, by making it clear that Boris Johnson’s top priority is “to secure the United Kingdom’s departure from the European Union on 31 October.”

Speaking from the throne in the House of Lords, the queen said her government intends to develop a new partnership with the EU “based on free trade and friendly cooperation.”

The ceremony marks the beginning of a new parliamentary session and lays out the government’s new legislative agenda, with 26 bills announced on domestic policy areas including crime, immigration, health, and the environment.

Queen’s speech: Brexit top priority for UK government

Petrochemical Polymers PET Polyolefins

PolyestertimePolyolefins Petrochemical Polymers Nylon
Bottle grade PET chips domestic market6,800 yuan/ton6,800 yuan/ton
Bottle grade PET chips export market870 $/ton855 $/ton-15
Filament grade Semidull chips domestic market

Petrochemical Polymers PET Polyolefins

6,600 yuan/ton6,525 yuan/ton-75
Filament grade Bright chips domestic market6,700 yuan/ton6,625 yuan/ton-78
Pure Terephthalic Acid PTA domestic market5,130 yuan/ton5,130 yuan/ton
Pure Terephthalic Acid PTA export market
645 $/ton 645 $/ton
Monoethyleneglycol MEG domestic market5,180 yuan/ton4,855 yuan/ton-325
Monoethyleneglycol MEG export market606 $/ton566 $/ton-40
Paraxylene PX FOB  Taiwan market802 $/ton813 $/ton+11
Paraxylene PX FOB  Korea market783 $/ton793 $/ton+10
Paraxylene PX FOB EU market

Petrochemical Polymers PET Polyolefins

728 $/ton737 $/ton+9
Polyester filament POY 150D/48F domestic market7,560 yuan/ton7,430 yuan/ton
Recycled Polyester filament POY  domestic market7,250 yuan/ton7,150 yuan/ton-100
Polyester filament DTY 150D/48 F domestic market9,200 yuan/ton9,100 yuan/ton-100
Polyester filament FDY 68D24F domestic market 8,450 yuan/ton8,300 yuan/ton-150
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers PET Polyolefins
7,700 yuan/ton7,550 yuan/ton-150
Polyester staple fiber 1.4D 38mm domestic market7,200 yuan/ton7,300 yuan/ton+100
Caprolactam CPL domestic market12,850 yuan/ton12,350 yuan/ton
Caprolactam CPL overseas  market1,450 $/ton1,450 $/ton
Nylon6 chips overseas  market1,710 $/ton1,710 $/ton
Nylon6 chips conventional spinning domestic  market13,450 yuan/ton13,100 yuan/ton-350
Nylon6 chips  high speed spinning domestic  market13,450 yuan/ton13,200 yuan/ton-250
Nylon 6.6 chips domestic  market22,600 yuan/ton22,500 yuan/ton-100
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers PET Polyolefins

15,700 yuan/ton15,500 yuan/ton-200
Nylon6 Filament DTY 70D/24F domestic  market18,400 yuan/ton18,000 yuan/ton-400
Nylon6 Filament FDY  70D/24F  domestic  market16,750 yuan/ton16,600 yuan/ton-150
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market30,000 yuan/ton30,000 yuan/ton
Adipic Acid domestic market8,300 yuan/ton8,250 yuan/ton-50
Benzene domestic market5,710 yuan/ton5,570 yuan/ton-140
Benzene overseas  market678 $/ton668 $/ton -10
Ethylene South East market800 $/ton790 $/ton-10
Ethylene NWE  market945 $/ton945 $/ton
Acrylonitrile ACN  domestic market12,400 yuan/ton11,500 yuan/ton-900
Acrylonitrile ACN  overseas market1,650 $/ton1,650 $/ton
Acrylic staple fiber ASF  domestic market15,200 yuan/ton15,200 yuan/ton
Viscose Staple Fiber VSF  domestic market10,700 yuan/ton10,800 yuan/ton+100
PP Powder domestic market8,600 yuan/ton8,500 yuan/ton-100
Naphtha overseas market 

Petrochemical Polymers PET Polyolefins

493 $/ton541 $/ton
Phenol domestic market 8,750 yuan/ton8,550 yuan/ton-200
PS Taiwan 5250 GPPS1,116 $/ton 1,110 $/ton-6
PS Taiwan 8250 HIPS1,259 $/ton 1,250 $/ton-9
LDPE CFR Far East 942 $/ton912 $/ton-30
LLDPE CFR Far East902 $/ton862 $/ton-40
LDPE   FOB Middle East928 $/ton898 $/ton-30
LLDPE FOB Middle East888 $/ton848 $/ton-40
HDPE CFR Far East918 $/ton898 $/ton-20
LDPE FD Northwest Europe 953€/ton958 €/ton+5
LLDPE FD Northwest Europe 943 €/ton943 €/ton
Homopolymer PP CFR Far East1010 $/ton1020 $/ton+20
Homopolymer PP FD NWE1,031 €/ton1,051 €/ton+20

Petrochemical Polymers PET Polyolefins

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Petrochemical PET Resin Polyester 14-10-2019

Petrochemical PET Resin Polyester

Petrochemical Polymers PET Polyolefins Prices

Petrochemical PET Resin Polyester

Crude Oil Prices Trend

Crude Oil Prices Trend

-US scraps plan to raise tariffs on Chinese goods next week

The US will abstain from raising tariffs on $250bn worth of Chinese goods next week, part of a preliminary agreement that the two sides reached on Friday.

Image by Shutterstock

The tariffs would have risen to 30% from 25% on 15 October, and they covered several petrochemical imports from China.

In return, China agreed to buy $40bn-50bn worth of agricultural products from the US.

The agreement did not remove any existing tariffs that the two countries had imposed on each other. Nor did it cancel their plans to impose even more tariffs in December.

Petrochemical PET Resin Polyester

-PLA composite may be an eco-friendlier alternative to carbon fiber

While bio-based polylactic acid (PLA) thermoplastic is relatively eco-friendly and easily recyclable, composites such as carbon fiber are much stronger.

German scientists are now claiming to have combined the best features of both, with a new all-PLA composite.

Unlike traditional petroleum-based plastics, PLA is made from renewable sources such as corn starch, tapioca and sugarcane.

Not only is it fully recyclable (where facilities exist), but it also biodegrades within a few years under the right conditions, and is industrially compostable.

PLA composite may be an eco-friendlier alternative to carbon fiber

-Carbon Fiber 2019 | Knoxville, Tennessee

Innovators and Decision Makers in the Carbon Fiber Supply Chain

Carbon Fiber 2019 attendees who visit booth #9 will hear how Dürr oxidizer technology optimizes exhaust gas treatment for carbon fiber processes and recycling.

They will also look into a range of process energy solutions that can help improve the operating efficiency of facilities and maximize equipment performance.

Carbon Fiber 2019 | Knoxville, Tennessee

-Recycling, bioplastics also harm planet, campaigners warn

Environmental campaigners are warning that bioplastics and recyclable packaging will not solve the world’s plastics pollution crisis – following a pledge by consumer goods giant Unilever to halve its use of virgin plastics.

The maker of brands such as Dove soap, Lipton Tea, Hellmann’s mayonnaise and Ben and Jerry’s ice cream this week unveiled “ambitious” plans to knock 100,000 metric tonnes off its new plastics load by 2025 – and to refocus its efforts on reusable packaging and alternative materials.

Petrochemical PET Resin Polyester

-Top investment banks provide billions to expand fossil fuel industry

Exclusive: analysis reveals lenders provided $700bn to expand sector since Paris climate pact.

The world’s largest investment banks have provided more than $700bn of financing for the fossil fuel companies most aggressively expanding in new coal, oil and gas projects since the Paris climate change agreement, figures show.Petrochemical PET Resin Polyester

The financing has been led by the Wall Street giant JPMorgan Chase, which has provided $75bn (£61bn) to companies expanding in sectors such as fracking and Arctic oil and gas exploration, according to the analysis.

Petrochemical PET Resin Polyester

-Rice team designs graphene-based air filter that grabs and zaps pathogens

Rice University team under chemist James Tour has transformed their laser-induced graphene (LIG) into self-sterilizing filters that grab pathogens out of the air and kill them with small pulses of electricity.

This may be of special interest to hospitals, where according to the Centers for Disease Control and Prevention, patients have a 1-in-31 chance of acquiring a potentially antibiotic-resistant infection during hospitalization.

Rice team designs graphene-based air filter that grabs and zaps pathogens

-New porous coordination polymer captures CO2, converts it to useful organic materials

A new material that can selectively capture CO2 molecules and efficiently convert them into useful organic materials has been developed by researchers at Kyoto University, along with colleagues at the University of Tokyo and Jiangsu Normal University in China.

They describe the material in an open access paper in the journal Nature Communications.

One possible way to counteract rising global CO2 emissions is to capture and sequester carbon from the atmosphere, but current methods are highly energy intensive.

The low reactivity of CO2 makes it difficult to capture and convert it efficiently.

Petrochemical PET Resin Polyester

Petrochemical PET Resin Polyester


The pervasiveness of strategies centered on customer experiences shows no signs of abating in the consumer goods industry, as so is the case with advances in technology. This has further influenced the expectations of customers and strategies of companies, in turn impacting the consumer goods industry landscape. The companies in the consumer goods industry are focusing more on understanding evolving consumer preferences and establishing one-on-one connections to remain at the forefront of apt offerings and gain a competitive edge. Petrochemical PET Resin Polyester

Growing pervasiveness of the digital connectivity alongside technology advances has meant that the traditional supply chain models are witnessing disruption. interconnected systems.


-New Marinatex wins award for solving many plastic problems

Lucy Hughes from the University of Sussex has won the James Dyson Award for designing MarinaTex – a bioplastic made of organic fish waste ordinarily destined for landfill or incineration, and locally sourced red algae. Unlike many other bioplastics it will degrade harmlessly in a garden compost bin after just four to six weeks.

Twenty-three year old Hughes set out to solve two problems – that of single-use plastics and inefficient waste streams. Petrochemical PET Resin Polyester

Her MarinaTex bioplastic is a translucent and flexible sheet material, making it ideal for applications in single-use packaging. While it may look and feel like plastic, its similarities end there.

New Marinatex wins award for solving many plastic problems

-Amcor recognised for packaging innovations that improve sustainability outcomes and consumer experiences

ZURICH: Global packaging company, Amcor, has been recognised four times over at the 2019 Packaging Innovation Awards by Dow for improving sustainability outcomes and enhancing consumer convenience across a diverse range of packaging products.

Winning across our flexible and rigid packaging, for beverage, protein and pet food products, is testament to the expertise of Amcor’s global team, said Mr. Michael Zacka, Amcor’s Chief Commercial Officer. We are proud to deploy that expertise to benefit our customers, consumers, and the environment.

Amcor recognised for packaging innovations that improve sustainability outcomes and consumer experiences

Petrochemical Polymers Bottle Yarn Prices

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