PET-Bottle Nylon – Germany delays plastic tax to 2025 08-01-2024
PET-Bottle Nylon
- 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
PET-Bottle Nylon
| Polyestertime | |||
| ITEM | 02/01/2024 | 08/01/2023 | +/- |
| Bottle grade PET chips domestic market | 6,975 yuan/ton | 6,900 yuan/ton | -75 |
| Bottle grade PET chips export market | 895 $/ton | 890 $/ton | -5 |
| Filament grade Semidull chips domestic market | 6,790 yuan/ton | 6,760 yuan/ton | -30 |
| Filament grade Bright chips domestic market | 6,790 yuan/ton | 6,760 yuan/ton | -30 |
| Pure Terephthalic Acid PTA domestic market | 5,940 yuan/ton | 5,780 yuan/ton | -160 |
| Pure Terephthalic Acid PTA export market | 740 $/ton | 730 $/ton |
-10
|
| Monoethyleneglycol MEG domestic market | 4,385 yuan/ton | 4,555 yuan/ton | +170 |
| Monoethyleneglycol MEG export market | 520 $/ton | 535 $/ton | +15 |
| Paraxylene PX FOB Taiwan market
PET-Bottle Nylon |
1,020 $/ton | 1,016 $/ton |
-4 |
| Paraxylene PX FOB Korea market | 997 $/ton | 994 $/ton | -3 |
| Paraxylene PX FOB EU market | 1,050 $/ton | 1,070 $/ton | +20 |
| Polyester filament POY 150D/48F domestic market | 7,600 yuan/ton | 7,580 yuan/ton |
-20 |
| Recycled Polyester filament POY domestic market | 7,600 yuan/ton | 7,600 yuan/ton | +50 |
| Polyester filament DTY 150D/48 F domestic market | 8,900 yuan/ton | 8,900 yuan/ton | – |
| Polyester filament FDY 68D24F
PET-Bottle Nylon |
8,900 yuan/ton | 8,950 yuan/ton | +50 |
| Polyester filament FDY 150D/96F domestic market | 8,225 yuan/ton | 8,230 yuan/ton | +5 |
| Polyester staple fiber 1.4D 38mm domestic market | 7,300 yuan/ton | 7,280 yuan/ton | -20 |
| Caprolactam CPL domestic market | 13,800 yuan/ton | 13,800 yuan/ton |
+50 |
| Caprolactam CPL overseas market | 1,600 $/ton | 1,630 $/ton | +30 |
| Nylon 6 chips overseas market | 1,880 $/ton | 1,880 $/ton | – |
| Nylon 6 chips conventional spinning domestic market | 14,400 yuan/ton | 14,425 yuan/ton | +25 |
| Nylon 6 chips high speed spinning domestic market
PET-Bottle Nylon |
15,000 yuan/ton | 15,050 yuan/ton | +50 |
| Nylon 6.6 chips domestic market | 19,500 yuan/ton | 19,500 yuan/ton | – |
| Nylon6 Filament POY 86D/24F domestic market | 17,050 yuan/ton | 17,100 yuan/ton | +50 |
| Nylon6 Filament DTY 70D/24F domestic market | 19,200 yuan/ton | 19,250 yuan/ton- | +50 |
| Nylon6 Filament FDY 70D/24F | 17,850 yuan/ton | 17,850 yuan/ton | – |
| Spandex 20D domestic market
PET-Bottle Nylon |
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 | 9,500 yuan/ton | 9,550 yuan/ton | +50 |
| Benzene domestic market
PET-Bottle Nylon |
7,455 yuan/ton | 7,410 yuan/ton | -45 |
| Benzene overseas market | 882 $/ton | 897 $/ton | +15 |
| Ethylene South East market | 850 $/ton | 850 $/ton | – |
| Ethylene NWE market | 744 $/ton | 744 $/ton | – |
| Acrylonitrile ACN domestic market
PET-Bottle Nylon |
9,700 yuan/ton | 9,700 yuan/ton | – |
| 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 | 12,650 yuan/ton | – |
| PP Powder domestic market
PET-Bottle Nylon |
7,200 yuan/ton | 7,150 yuan/ton | -50 |
| Naphtha overseas market | 672 $/ton | 639 $/ton | -33 |
| Phenol domestic market | 7,475 yuan/ton | 7,227 yuan/ton | -248 |
r-PET high end eco-friendly chips =7,900 yuan/ton — 7,900 yuan/ton –
- Bright-chip rPET – Reliance Industries pioneers chemical recycling of plastic waste into certified circular polymers 02-01-2024
- New enzyme technology for environmentally friendly plastic recycling
PET-Bottle Nylon
Germany delays plastic tax to 2025
The German government has announced the postponement of the new tax on non-recycled plastic packaging, now set to come into effect no earlier than 2025, as opposed to the initially proposed timeline for this year.
The decision was justified by the government’s need for additional time to formulate regulations aimed at minimizing bureaucratic burdens.
The extension is likely influenced by the collective appeal of five associations within the plastic packaging industry, urging federal authorities to permanently withdraw the measure. PET-Bottle Nylon
These associations argue that the tax could prove ineffective or even counterproductive for the environment, ultimately burdening consumers with increased prices for packaged goods.
Martin Engelmann, the director of IK Industrievereinigung Kunststoff Verpackungen, representing German plastic packaging manufacturers, emphasizes the lack of clarity regarding who should pay, for what, and how much, just three weeks after the initial announcement.
Engelmann suggests that the federal government should recognize the impracticality of a populist plastic tax given the dense existing packaging regulations in Germany.
He notes that the tax announcement has already created uncertainty, leading to the suspension of investment decisions and an acceleration of plans to relocate production abroad within the industry. PET-Bottle Nylon
The tax originated from the German government’s decision to make companies pay an 800-euro per ton contribution to the EU to cover the budget gap resulting from the UK’s Brexit.
This tax, applicable to non-recycled plastic packaging waste, has not been passed on to packaging producers by the German government, similar to the approach taken by Italy and many other European countries, funding it within the federal budget.
