Naphtha rPET – Mercedes: Solid-State Batteries “May Not Be Necessary” Solid-state batteries? For Mercedes, they might no longer be necessary given the progress of lithium-ion batteries 15-01-2024

Naphtha rPET

Naphtha rPET

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

Naphtha rPET

Naphtha rPET

Polyestertime
ITEM 08/01/2024 15/01/2023 +/-
Bottle grade PET chips domestic market 6,900 yuan/ton 6,870 yuan/ton -30
Bottle grade PET chips export market 890 $/ton 890 $/ton
Filament grade Semidull chips domestic market 6,760 yuan/ton 6,730 yuan/ton -30
Filament grade Bright chips domestic market 6,760 yuan/ton 6,730 yuan/ton -30
Pure Terephthalic Acid PTA domestic market 5,780 yuan/ton 5,730 yuan/ton -50
Pure Terephthalic Acid PTA export market 730 $/ton 715 $/ton  

-15

 

Monoethyleneglycol MEG domestic market 4,555 yuan/ton 4,540 yuan/ton -15
Monoethyleneglycol MEG export market 535 $/ton 532 $/ton -3
Paraxylene PX FOB  Taiwan market

Naphtha rPET

1,016 $/ton 1,017 $/ton
+1
Paraxylene PX FOB  Korea market 994 $/ton 995 $/ton +1
Paraxylene PX FOB EU market 1,070 $/7on 1,050 $/ton -20
Polyester filament POY 150D/48F domestic market 7,580  yuan/ton 7,450 yuan/ton
-130
Recycled Polyester filament POY  domestic market 7,600 yuan/ton 7,600 yuan/ton
Polyester filament DTY 150D/48 F domestic market 8,900 yuan/ton 8,850 yuan/ton -50
Polyester filament FDY 68D24F

Naphtha rPET

8,950 yuan/ton 8,900 yuan/ton -50
Polyester filament FDY 150D/96F domestic market 8,230 yuan/ton 8,175 yuan/ton -55
Polyester staple fiber 1.4D 38mm domestic market 7,280 yuan/ton 7,280 yuan/ton
Caprolactam CPL domestic market 13,800 yuan/ton 13,600 yuan/ton
-200
Caprolactam CPL overseas  market 1,630 $/ton 1,630 $/ton
Nylon 6 chips overseas  market 1,880 $/ton 1,880 $/ton
Nylon 6 chips conventional spinning domestic  market 14,425 yuan/ton 14,300 yuan/ton -125
Nylon 6 chips  high speed spinning domestic  market

Naphtha rPET

15,050 yuan/ton 14,900 yuan/ton -150
Nylon 6.6 chips domestic  market 19,500 yuan/ton 19,700 yuan/ton +200
Nylon6 Filament POY 86D/24F domestic  market 17,100 yuan/ton 17,000 yuan/ton -100
Nylon6 Filament DTY 70D/24F domestic  market 19,250 yuan/ton 19,200 yuan/ton- -50
Nylon6 Filament FDY  70D/24F  17,850 yuan/ton 17,900 yuan/ton +50
Spandex 20D  domestic  market

Naphtha rPET

34,500 yuan/ton 34,500 yuan/ton
Spandex 30D  domestic  market 33,000 yuan/ton 33,000 yuan/ton
Spandex 40D  domestic  market  30,000 yuan/ton 30,000 yuan/ton
Adipic Acid domestic market 9,550 yuan/ton 9,700 yuan/ton +150
Benzene domestic market

Naphtha rPET

7,410 yuan/ton 7,560 yuan/ton +150
Benzene overseas  market 897 $/ton 939 $/ton +42
Ethylene South East market 850 $/ton 870 $/ton +20
Ethylene NWE market 744 $/ton 744 $/ton
Acrylonitrile ACN  domestic market

Naphtha rPET

9,700 yuan/ton 9,500 yuan/ton -200
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,650 yuan/ton 12,700 yuan/ton +50
PP Powder domestic market

Naphtha rPET

7,150 yuan/ton 7,150 yuan/ton
Naphtha overseas market  639 $/ton 662 $/ton +23
Phenol domestic market 7,227 yuan/ton 7,220 yuan/ton -7

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

Naphtha rPET

Mercedes: Solid-State Batteries “May Not Be Necessary” Solid-state batteries? For Mercedes, they might no longer be necessary given the progress of lithium-ion batteries

The technology of solid-state batteries may not be essential for future electric vehicles, as developments in lithium-ion batteries are surprisingly improving their energy density. Markus Schäfer, Chief Technology Officer of Mercedes, emphasized that these improvements were unexpected, putting lithium-ion batteries in direct competition with solid-state batteries in terms of cost and energy density.

Solid-state batteries? For Mercedes, they might no longer be necessary given the progress of lithium-ion batteries. The technology of solid-state batteries has long been considered the next big innovation for battery electric vehicles, praised for its supposed higher energy density and lower costs. However, according to Schäfer, he does not see them having “a significant cost advantage or an energy advantage,” as many efforts have been devoted to improving conventional cells, making them significantly more efficient.

Mercedes’ executive acknowledged a safety advantage in solid-state battery technology but indicated that significant developments are also expected in lithium-ion battery technology. In this competition, the two technologies are advancing in a “head-to-head race,” and Schäfer stated that he does not yet know the winner. Currently, solid-state technology no longer seems to be the “big breakthrough” and faces a “long, long development time.” Schäfer also confirmed that Mercedes has invested in startups working on this technology in the United States and Korea, and continues to closely monitor developments in this sector.

However, Schäfer noted that the “very optimistic predictions from some time ago” about the potential launch of solid-state battery technology remind him of predictions for autonomous driving. This refers to the fact that autonomous driving has experienced delays, and the industry has subsequently revised projections regarding its adoption. Therefore, we will see what innovations Mercedes brings to this matter.

Mercedes: Solid-State Batteries "May Not Be Necessary" Solid-state batteries? For Mercedes, they might no longer be necessary given the progress of lithium-ion batteries