Petrochemical PETBottle PE Polymers Trend

Petrochemical PETBottle PE Polymers

Petrochemical PETBottle PE Polymers

Bottle grade PET chips domestic market4,750 yuan/ton4,975 yuan/ton+225
Bottle grade PET chips export market650 $/ton660 $/ton+10
Filament grade Semidull chips domestic market

Petrochemical PETBottle PE Polymers

4,475 yuan/ton4,625 yuan/ton+150
Filament grade Bright chips domestic market4,500 yuan/ton4,650 yuan/ton+150
Pure Terephthalic Acid PTA domestic market3,300 yuan/ton3,440 yuan/ton+140
Pure Terephthalic Acid PTA export market
425 $/ton445 $/ton+20
Monoethyleneglycol MEG domestic market 3,770 yuan/ton3,860 yuan/ton+90
Monoethyleneglycol MEG export market475 $/ton485 $/ton-+10
Paraxylene PX FOB  Taiwan market534 $/ton555 $/ton+21
Paraxylene PX FOB  Korea market516$/ton537 $/ton+21
Paraxylene PX FOB EU market

Petrochemical PETBottle PE Polymers

490 $/ton505 $/ton+15
Polyester filament POY 150D/48F domestic market5,335 yuan/ton5,450 yuan/ton
Recycled Polyester filament POY  domestic market5,200 yuan/ton5,400 yuan/ton+200
Polyester filament DTY 150D/48 F domestic market6,700 yuan/ton7,000 yuan/ton+300
Polyester filament FDY 68D24F domestic market 6,300 yuan/ton6,500 yuan/ton+200
Polyester filament FDY 150D/96F domestic market
Petrochemical PETBottle PE Polymers
5,600 yuan/ton5,700 yuan/ton+100
Polyester staple fiber 1.4D 38mm domestic market5,630 yuan/ton6,100 yuan/ton+470
Caprolactam CPL domestic market9,150 yuan/ton9,650 yuan/ton
Caprolactam CPL overseas  market1,100 $/ton1,120 $/ton+20
Nylon6 chips overseas  market1,360 $/ton1,380 $/ton+20
Nylon6 chips conventional spinning domestic  market10,550 yuan/ton11,200 yuan/ton+650
Nylon6 chips  high speed spinning domestic  market10,450 yuan/ton10,950 yuan/ton+500
Nylon 6.6 chips domestic  market20,800 yuan/ton21,600 yuan/ton+800
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical PETBottle PE Polymers

12,550 yuan/ton12,800 yuan/ton+250
Nylon6 Filament DTY 70D/24F domestic  market15,250 yuan/ton15,600 yuan/ton+350
Nylon6 Filament FDY  70D/24F  domestic  market13,350 yuan/ton13,650 yuan/ton+300
Spandex 20D  domestic  market37,000 yuan/ton39,000 yuan/ton+2,000
Spandex 30D  domestic  market36,000yuan/ton38,000 yuan/ton+2,000
Spandex 40D  domestic  market30,200 yuan/ton32,000 yuan/ton+1,800
Adipic Acid domestic market6,150 yuan/ton6,400 yuan/ton+250
Benzene domestic market3,340 yuan/ton3,600 yuan/ton+260
Benzene overseas  market400 $/ton420 $/ton
Ethylene South East market820 $/ton830 $/ton+10
Ethylene NWE  market700 $/ton704 $/ton+4
Acrylonitrile ACN  domestic market9,200 yuan/ton9,200 yuan/ton+300
Acrylonitrile ACN  overseas market1,200 $/ton1,300 $/ton+100
Acrylic staple fiber ASF  domestic market12,000 yuan/ton12,000 yuan/ton+100


Viscose Staple Fiber VSF  domestic market9,800 yuan/ton10,000 yuan/ton+200
PP Powder domestic market7,920 yuan/ton7,850 yuan/ton-20
Naphtha overseas market 

Petrochemical PETBottle PE Polymers

414 $/ton399 $/ton
Phenol domestic market 5,650 yuan/ton5,813 yuan/ton+163
PS Taiwan 5250 GPPS1.230 $/ton 1,380 $/ton+150
PS Taiwan 8250 HIPS1,360 $/ton 1,500 $/ton+140
LDPE CFR Far East 1,092 $/ton1,152 $/ton+60
LLDPE CFR Far East892 $/ton922 $/ton+30
LDPE   FOB Middle East1,085 $/ton1,144 $/ton+59
LLDPE FOB Middle East885 $/ton914 $/ton+29
HDPE CFR Far East925 $/ton944 $/ton+19
LDPE FD Northwest Europe 893 €/ton923 €/ton+30
LLDPE FD Northwest Europe 803 €/ton833 €/ton+30
Homopolymer PP CFR Far East975 $/ton990 $/ton+15
Homopolymer PP FD NWE881 €/ton881 €/ton


Petrochemical PETBottle PE Polymers

Petrochemicals PlasticRecycling Polyethylene 19-10-2020

Petrochemicals PlasticRecycling Polyethylene

Petrochemical PETBottle PE Polymers Trend

Petrochemicals PlasticRecycling Polyethylene

Crude Oil Prices Trend

Crude Oil Prices Trend  Polyestertime

-Coca-Cola continues to lead sustainable solutions for plastic recovery and recycling in PHL

Plastic—lightweight, strong, and easily molded into various forms—has no doubt revolutionized our everyday lives and has provided convenience in the way we consume products. But, largely due to improper waste management and disposal, plastic has unfortunately given rise to a global waste problem.

In the Philippines alone, around 2.7 million metric tons of plastic waste is generated each year, and a huge portion of this finds its way into the environment, choking waterways, polluting the ecosystem, and jeopardizing our biodiversity.

“Any time our packaging ends up anywhere it doesn’t belong is simply unacceptable to us,” said Jonah De Lumen-Pernia, Public Affairs and Sustainability Director of Coca-Cola Philippines. “Coca-Cola has globally committed to building a World Without Waste, and we are striving to make that a reality in the Philippines through various initiatives and partnerships.”

Petrochemicals PlasticRecycling Polyethylene

-Indian manufacturer ITC partners with Sidel for complete aseptic PET line

The new line helped the company achieve many firsts.

Kolkata, India-based ITC Ltd. introduced a new range of milk-based drinks with fruit pieces while expanding its juice portfolio with a variety of premium 100% Indian fruit, 0% concentrate and 0% preservative juices. With both launches, the company trusted Parma, Italy-based Sidel’s proven expertise in aseptic packaging.

ITC invested in a complete line that features the first dry preform sterilization in India. Besides helping the company gain greater productivity and flexibility, Sidel designed and tested its three new PET bottle formats for absolute food safety and powerful packaging differentiation on retailers’ shelves. Petrochemicals PlasticRecycling Polyethylene

Petrochemicals PlasticRecycling Polyethylene

-Joint call for a new Pact for Skills for automotive sector

CLEPA, together with its partners in EU-projects DRIVES and ALBATTS, presents a joint strategy to roll out a dedicated Pact for the sector

The EU automotive sector is calling for a strategy that supports the recovery prioritising the up/reskilling of the workforce to maximise the industry competitiveness, job retention, and creation of new employment opportunities. Petrochemicals PlasticRecycling Polyethylene

Bringing forward the need for a sectorial pact for skills, this proposal is the result of an exhaustive cooperation and examination effort through the DRIVES and ALBATTS projects, and of several representatives from the whole automotive value chain, presenting a solid roadmap towards the necessary skills-transformation for the sector.

Petrochemicals PlasticRecycling Polyethylene

-Amcor Joins New Call For UN Treaty On Plastic Waste

In a joint report, The Business Case for a UN Treaty on Plastic Pollution, WWF, the Ellen MacArthur Foundation and Boston Consulting Group conclude that despite a doubling of voluntary initiatives and national regulations over the last five years, plastic waste continues to leak into the environment at alarming rates – with more than 11 million tonnes of plastic flowing into our oceans each year.

There is an urgent need to amplify current efforts through a more coordinated and ambitious approach. Petrochemicals PlasticRecycling Polyethylene

The report sets out the opportunity for a new global UN treaty on plastic pollution to significantly accelerate progress towards a circular economy for plastics. Through the establishment of a common structure it would set a clear direction and conditions, giving governments and businesses the impetus to move forward more decisively.

Petrochemicals PlasticRecycling Polyethylene

-LANXESS introduces flame-retardant thermoplastic composite materials with a PA 6 matrix

Tepex continuous-fibre-reinforced thermoplastic composites from LANXESS are characterised by their high inherent flame-retardant properties. One of the reasons for this is their high fibre content. They therefore already pass many of the flammability tests required for typical applications without flame protection.

However, for some applications a V-0 classification in the UL 94 flammability test from the US testing institute Underwriters Laboratories Inc. is often mandatory. For such cases, LANXESS has developed three new halogen-free, flame-retardant Tepex variants with a PA 6 matrix.  Petrochemicals PlasticRecycling Polyethylene

Sabrina Anders, Project Manager at the LANXESS subsidiary Bond-Laminates, said: “These structural materials are the material of choice when a V-0 classification is required and the components need to have a very high degree of strength, rigidity and energy absorption at the same time.”

LANXESS introduces flame-retardant thermoplastic composite materials with a PA 6 matrix

-MEGlobal raises ACP for November 2020 by USD10 per tonne

MEGlobal has announced its Asian Contract Price (ACP) for monoethylene glycol (MEG) to be shipped in November 2020, according to the company’s press release.

Thus, on 14 October, the company said ACP for MEG would be at USD650/MT CFR Asian main ports for arrival in November 2020, up by USD10/MT from October.

The November 2020 ACP reflects the short term supply/demand situation in the Asian market. Petrochemicals PlasticRecycling Polyethylene

As MRC reported earlier, MEGlobal announced its October ACP for MEG at USD640/MT CFR Asian main ports, up by USD20/tonne from September.

MEG is one of the main feedstocks for the production of polyethylene terephthalate (PET).

MEGlobal raises ACP for November 2020 by USD10 per tonne

-EU tax on plastic packaging wastes and its implications

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In July, EU leaders agreed on a new EU tax on plastic packaging wastes. Rahul Kumar talks to three stakeholders in the value chain — Cosmo Films in substrate manufacturing, Bobst in machine manufacturing and Amit Banga of SB Packagings in converting — to understand the implications of this decision and its impact on Indian packaging ecosystem

In a decision made during July 2020, as part of their 750-billion euros Coronavirus pandemic recovery package, EU leaders agreed on a new EU tax on plastic packaging wastes. The tax, to be introduced as of 1 January 2021, will be calculated on the weight of non-recycled plastic packaging waste “with a call rate of 0.80 euros per kg, with a mechanism to avoid excessively regressive impact on national contributions.” Proceeds from the tax will go to the EU.  Petrochemicals PlasticRecycling Polyethylene

EU tax on plastic packaging wastes and its implications

-Effect on US MEG of EU antidumping investigation yet unclear

US monoethylene glycol (MEG) participants are weighing the announcement of an EU anti-dumping investigation on imports from the US and Saudi Arabia, leaving the US market uncertain as to the effects of the probe. Petrochemicals PlasticRecycling Polyethylene

According to the EU complaint, “unfairly low-priced imports of the product” from the two countries “have caused material injury” to its industry.

The probe covers the full year ending 30 June 2020 and is expected to last around six months, according to the European Commission.

Two US market participants said it was too early to understand how this investigation could affect US MEG trade flows and supply.

“The pricing to Europe was very similar to the price in the domestic US for a large buyer,” said a third source.

Effect on US MEG of EU antidumping investigation yet unclear

-UK firms must prepare for no-deal Brexit eventuality – PM Johnson

UK businesses trading with EU countries should get ready for the eventuality of a no-deal Brexit and the consequent tariff-based trade under World Trade Organization (WTO) terms, the country’s prime minister said on Friday.

With only 11 weeks left to go before the UK exits the EU, Single Market negotiations appear to have stalled on key issues such as fishing rights – UK waters are key for EU companies – or state aid for companies. Petrochemicals PlasticRecycling Polyethylene

UK voters decided in June 2016 to leave the EU but this was delayed on several occasions; it finally left the now 27-country bloc on 31 January although it remains in most EU bodies under a transition period which is due to end on 31 December.

Both sides are aiming to sign a free trade agreement (FTA) as both have strong economic links after more than 40 years of UK membership.

Gove says UK ‘well prepared’ for no-deal Brexit, even as businesses sound alarm

Michael Gove, the minister handling Brexit divorce issues for Britain, said on Sunday that the UK is “increasingly well-prepared” for a no-deal Brexit even as businesses urged Britain and the European Union to find a compromise over trade terms.

-UK firms must prepare for no-deal Brexit eventuality - PM Johnson

Petrochemicals PlasticRecycling Polyethylene

Petrochemicals PlasticRecycling Carbonfree 17-10-2020