Paraxylene producers Asia August prices

Paraxylene producers Asia August

Paraxylene producers in Asia nominated August contract prices at USD640-690 per tonne

Paraxylene producers Asia August
Several major Asian paraxylene producers have announced their material contract prices for August shipments at USD640-690 per tonne, market sources told ICIS .
Thus, South Korean SK Global Chemicals announced its contract price for paraxylene for August at USD640 per tonne, CFR Asia, while American ExxonMobil announced its price for material supplies next month at USD690 per tonne, CFR Asia.
At the same time, Reliance also nominated the February contract price of paraxylene at USD640 per tonne, CFR Asia. Paraxylene producers Asia August
This year, participants in the negotiation process to agree on contract prices for paraxylene in the region failed to reach an agreement 7 times amid uncertainty in the market situation and low prices.
Paraxylene is a raw material for the synthesis of terephthalic acid – an intermediate product for the production of polyethylene terephthalate (PET).
According to the ICIS-MRC Price Review , Russian factories did not revise their spot prices at the end of this month and ship material at RUB 68,000-72,000. a ton, CPT Moscow, VAT included. The influence of the Chinese market on the future cost of Russian material is insignificant and significant changes in contract prices are not expected in August.

mrcplast.ru
Author: Margarita Volkova

Petrochemicals PET CarbonFiber LLDPE 03-08-2020

July contract prices TPA Europe rose

July contract prices of TPA in Europe rose by EUR8 per tonne

July contract prices TPA

July contract prices for European refined terephthalic acid (TPA) rose by EUR8 per tonne amid rising paraxylene feedstock, ICIS reported.

The base price of the paraxylene contract in July was increased by EUR12.50 per tonne.

Thus, the July contract price of TPA increased by EUR8 per tonne and reached EUR476-510 per tonne, FD NWE (North-West Europe).

TPA is one of the main components for the production of polyethylene terephthalate (PET).

According to the ICIS-MRC Price Review , Russian factories did not revise their spot prices at the end of this month and ship material at RUB 68,000-72,000. per ton, CPT Moscow, VAT included. The influence of the Chinese market on the future cost of Russian material is insignificant and significant changes in contract prices are not expected in August.

mrcplast.ru

Author: Anna Larionova

Petrochemicals PET CarbonFiber LLDPE 03-08-2020

Petrochemicals PET CarbonFiber LLDPE 03-08-2020

Petrochemicals PET CarbonFiber LLDPE

Petrochemical Compound PET Naphtha Trend

Petrochemicals PET CarbonFiber LLDPE

Crude Oil Prices Trend

Crude Oil Prices Trend  Polyestertime

-PEF as a multilayer barrier technology: a sustainable way to enable long shelf life in PET bottles

Avantium Renewable Polymers, a 100% subsidiary of Avantium, plans to build a flagship plant for the production of FDCA (furandicarboxylic acid), a monomer for high performance polyesters such as PEF (polyethylene furanoate). The plant, which is aimed to be on-stream at the start of 2023, will have a nameplate capacity of 5 metric kilotons per year and be located in Delfzijl, the Netherlands.  Petrochemicals PET CarbonFiber LLDPE 

Avantium is already producing FDCA and PEF at a smaller scale from its pilot plant in the Netherlands and is using this material to accelerate the market introduction of various high-value applications, including those in packaging. Made from renewable resources, compatible with existing recycling equipment and with outstanding barrier properties (approximately 10 times better O2 and 20 times better CO2 barriers with respect to PET /1/, PEF is full of potential promise: not as a replacement for PET, but as a side-by-side complementary technology, enabling a full polyester solution for applications where both the performance and sustainability of the incumbent is not sufficient.

Petrochemicals PET CarbonFiber LLDPE

-Paraxylene producers in Asia nominated August contract prices at USD640-690 per tonne

Several major Asian paraxylene producers have announced their material contract prices for August shipments at USD640-690 per tonne, market sources told ICIS .

Thus, South Korean SK Global Chemicals announced its contract price for paraxylene for August at USD640 per tonne, CFR Asia, while American ExxonMobil announced its price for material supplies next month at USD690 per tonne, CFR Asia.

At the same time, Reliance also nominated the February contract price of paraxylene at USD640 per tonne, CFR Asia. Petrochemicals PET CarbonFiber LLDPE 

This year, participants in the negotiation process to agree on contract prices for paraxylene in the region failed to reach an agreement 7 times amid uncertainty in the market situation and low prices.

Paraxylene is a raw material for the synthesis of terephthalic acid – an intermediate product for the production of polyethylene terephthalate (PET).

Petrochemicals PET CarbonFiber LLDPE

-US Chemours expects ore prices used for TiO2

Chemours expects stable prices for the ores it uses to make titanium dioxide (TiO2), as it saw no disruptions to supply earlier in the year, the CEO of the US-based pigment producer said on Friday.

“We have not had any problem with supply from our suppliers from that standpoint at all,” said Mark Vergnano, Chemours CEO. He made his comments in an interview with ICIS.

While Chemours lacked any problems, the industry did have some issues earlier in the year, he said. Petrochemicals PET CarbonFiber LLDPE 

“There were some disruptions in the first quarter where some mines were shut down and transportation was an issue,” Vergnano said. “I would say it never affected us, but I know the industry had some issues.”

Looking ahead, he expects stable ore prices and no disruptions.

Petrochemicals PET CarbonFiber LLDPE

-China industries expand for fifth month; downside risks still high

China’s industries have remained in expansion mode for the fifth consecutive month in July, recovering from a record slump in February but downside risks to economic growth are high as the coronavirus pandemic rages on.

The official manufacturing purchasing managers’ index (PMI) of the world’s second-biggest economy in July rose to 51.1 from 50.9 in the previous month, backed by recovering production and demand. Petrochemicals PET CarbonFiber LLDPE 

The production index for the month inched up 54.0, while the new orders index increased to 51.7.

PMI gauges the health of an economy’s manufacturing sector, with a reading of 50 and above indicating expansion, while a lower number denotes contraction.

Petrochemicals PET CarbonFiber LLDPE

-July contract prices of TPA in Europe rose by EUR8 per tonne

July contract prices for European refined terephthalic acid (TPA) rose by EUR8 per tonne amid rising paraxylene feedstock, ICIS reported.

The base price of the paraxylene contract in July was increased by EUR12.50 per tonne.

Thus, the July contract price of TPA increased by EUR8 per tonne and reached EUR476-510 per tonne, FD NWE (North-West Europe). Petrochemicals PET CarbonFiber LLDPE 

TPA is one of the main components for the production of polyethylene terephthalate (PET).

July contract prices of TPA in Europe rose by EUR8 per tonne

-A Primer Biodegradability Testing Methods

More businesses are focused on providing environmentally friendly products, and consumers are educating themselves about the companies they support.

In the past year, we have seen a growing interest and commitment to the environment at both the business and consumer levels. More businesses are focused on providing environmentally friendly products, sourcing sustainable materials and reducing the impact of their waste stream. Plus, consumers are better educating themselves about the companies that they support, the products they purchase and companies’ sustainability practices.  Petrochemicals PET CarbonFiber LLDPE 

This mindset has also carried over to Personal Protective Equipment (PPE). In PPE, the objective has always been to protect workers and their health. But, today, customers are looking for ways to be more environmentally responsible as well. At SW, the concern about our products’ impact on the environment has been top of mind for years.

A Primer Biodegradability Testing Methods

-Research reveals why it’s hard to get smell out of polyester

Why does that favourite shirt, the one you’ve been wearing around the house since COVID-19 started, still stink, even after regular washing?

Chances are it contains polyester, which means that funky smell isn’t going to go away, according to a new University of Alberta study.

Laundering experiments showed that odorants—smelly compounds like those in sweat—are more attracted to polyester than to other fabrics like cotton, and don’t completely wash out.  Petrochemicals PET CarbonFiber LLDPE 

Research reveals why it’s hard to get smell out of polyester

-Video shows how biodegradable plastic additive works in simple to understand terms

Engaging video from Eco Logic shows how its Eco One biodegradable plastic additive causes plastic packaging to break down in landfill conditions, resulting in humus, carbon dioxide and methane.  Petrochemicals PET CarbonFiber LLDPE 

Video shows how biodegradable plastic additive works in simple to understand terms

-Sort your plastics for proper recycling

LAST year, we had a rude awakening about plastics pollution. Plastics waste from Britain was dumped on our shores under the guise of trade.

Containers of dirty plastics, meant mostly for landfills, were apparently imported for recycling here.

China used to be the traditional destination for such wastes but had suddenly banned its import. In Britain, the plastics waste was exported because of some attractive compensation schemes. Petrochemicals PET CarbonFiber LLDPE 

The issue came to light after pictures of piles of such wastes were splashed all over local media.

Sort your plastics for proper recycling

Petrochemicals PET CarbonFiber LLDPE

Petrochemicals Graphene CarbonFiber LLDPE 31-07-2020

Petrochemical Compound PET Naphtha Trend

Petrochemical Compound PET Naphtha

Petrochemical Compound PET Naphtha

Polyestertime
ITEM27/07/202003/08/2020+/-
Bottle grade PET chips domestic market5,175 yuan/ton5,175 yuan/ton
Bottle grade PET chips export market665 $/ton665 $/ton

 

Filament grade Semidull chips domestic market

Petrochemical Compound PET Naphtha

4,500 yuan/ton4,550 yuan/ton+50
Filament grade Bright chips domestic market4,600 yuan/ton4,650 yuan/ton+50
Pure Terephthalic Acid PTA domestic market3,490 yuan/ton3,535 yuan/ton+45
Pure Terephthalic Acid PTA export market
425 $/ton425 $/ton
Monoethyleneglycol MEG domestic market3,635 yuan/ton3,640 yuan/ton+5
Monoethyleneglycol MEG export market437 $/ton437 $/ton-
Paraxylene PX FOB  Taiwan market549 $/ton534 $/ton-17
Paraxylene PX FOB  Korea market532 $/ton515 $/ton-17
Paraxylene PX FOB EU market

Petrochemical Compound PET Naphtha

489 $/ton475 $/ton+14
Polyester filament POY 150D/48F domestic market4,980 yuan/ton5,070 yuan/ton
+90
Recycled Polyester filament POY  domestic market5,150 yuan/ton5,250 yuan/ton+100
Polyester filament DTY 150D/48 F domestic market6,500 yuan/ton6,550 yuan/ton+50
Polyester filament FDY 68D24F domestic market 6,250 yuan/ton6,250 yuan/ton
Polyester filament FDY 150D/96F domestic market
Petrochemical Compound PET Naphtha
5,500 yuan/ton5,550 yuan/ton+50
Polyester staple fiber 1.4D 38mm domestic market5,380 yuan/ton5,420 yuan/ton+40
Caprolactam CPL domestic market9,400 yuan/ton9,300 yuan/ton
-100
Caprolactam CPL overseas  market1,030 $/ton1,030 $/ton
Nylon6 chips overseas  market1,280 $/ton1,280 $/ton
Nylon6 chips conventional spinning domestic  market10,600 yuan/ton10,400 yuan/ton-200
Nylon6 chips  high speed spinning domestic  market10,550 yuan/ton10,200 yuan/ton-350
Nylon 6.6 chips domestic  market18,200 yuan/ton18,300 yuan/ton+100
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Compound PET Naphtha

12,750 yuan/ton12,500 yuan/ton-250
Nylon6 Filament DTY 70D/24F domestic  market15,350 yuan/ton15,100 yuan/ton-250
Nylon6 Filament FDY  70D/24F  domestic  market13,700 yuan/ton13,550 yuan/ton-150
Spandex 20D  domestic  market36,000 yuan/ton35,000 yuan/ton-1,000
Spandex 30D  domestic  market35,000 yuan/ton34,000 yuan/ton-1,000
Spandex 40D  domestic  market28,500 yuan/ton28,000 yuan/ton-500
Adipic Acid domestic market6,100 yuan/ton6,150 yuan/ton+50
Benzene domestic market3,500 yuan/ton3,530 yuan/ton+30
Benzene overseas  market429 $/ton450 $/ton
+21
Ethylene South East market715 $/ton715 $/ton
Ethylene NWE  market727 $/ton696 $/ton-31
Acrylonitrile ACN  domestic market7,200 yuan/ton7,800 yuan/ton+600
Acrylonitrile ACN  overseas market950 $/ton950 $/ton
Acrylic staple fiber ASF  domestic market11,500 yuan/ton11,500 yuan/ton
Viscose Staple Fiber VSF  domestic market8,100 yuan/ton8,100 yuan/ton
PP Powder domestic market7,500 yuan/ton7,250 yuan/ton-250
Naphtha overseas market 

Petrochemical Compound PET Naphtha

398 $/ton387 $/ton
-11
Phenol domestic market 5,725 yuan/ton5,825 yuan/ton+100
PS Taiwan 5250 GPPS1.000 $/ton 1.010 $/ton+10
PS Taiwan 8250 HIPS1,120 $/ton 1,130 $/ton+10
LDPE CFR Far East 962 $/ton952 $/ton-10
LLDPE CFR Far East842 $/ton817 $/ton-25
LDPE   FOB Middle East954 $/ton944 $/ton-10
LLDPE FOB Middle East834 $/ton809 $/ton-25
HDPE CFR Far East914 $/ton803904 $/ton-10
LDPE FD Northwest Europe 953 €/ton953 €/ton-
LLDPE FD Northwest Europe 873 €/ton873 €/ton
Homopolymer PP CFR Far East900 $/ton905 $/ton+5
Homopolymer PP FD NWE871 €/ton871 €/ton

Petrochemical Compound PET Naphtha