Petrochemicals chip – Panel for Sustainable Future in Textile in Gaziantep 23-10-2023
Petrochemicals chip
- 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
Petrochemicals chip
| Polyestertime | |||
| ITEM | 16/10/2023 | 23/10/2023 | +/- |
| Bottle grade PET chips domestic market | 7,000 yuan/ton | 6,825 yuan/ton | -175 |
| Bottle grade PET chips export market | 885 $/ton | 875 $/ton | -10 |
| Filament grade Semidull chips domestic market | 6,860 yuan/ton | 6,775 yuan/ton | -85 |
| Filament grade Bright chips domestic market | 6,900 yuan/ton | 6,810 yuan/ton | -90 |
| Pure Terephthalic Acid PTA domestic market | 5,860 yuan/ton | 5,710 yuan/ton | -150 |
| Pure Terephthalic Acid PTA export market | 730 $/ton | 730 $/ton | – |
| Monoethyleneglycol MEG domestic market | 4,025 yuan/ton | 3,960 yuan/ton | -65 |
| Monoethyleneglycol MEG export market | 467 $/ton | 457 $/ton | -10 |
| Paraxylene PX FOB Taiwan market
Petrochemicals chip |
1,033 $/ton | 1,027 $/ton |
-6 |
| Paraxylene PX FOB Korea market | 1,010 $/ton | 1,004 $/ton | -6 |
| Paraxylene PX FOB EU market | 1,185 $/ton | 1,150 $/ton | -35 |
| Polyester filament POY 150D/48F domestic market | 7,675 yuan/ton | 7,600 yuan/ton |
-75 |
| Recycled Polyester filament POY domestic market | 7,550 yuan/ton | 7,550 yuan/ton | – |
| Polyester filament DTY 150D/48 F domestic market | 9,000 yuan/ton | 8,950 yuan/ton | -50 |
| Polyester filament FDY 68D24F
Petrochemicals chip |
8,950 yuan/ton | 8,950 yuan/ton | – |
| Polyester filament FDY 150D/96F domestic market | 8,300 yuan/ton | 8,200 yuan/ton | -100 |
| Polyester staple fiber 1.4D 38mm domestic market | 7,550 yuan/ton | 7,450 yuan/ton | -100 |
| Caprolactam CPL domestic market | 12,600 yuan/ton | 12,650 yuan/ton |
+50 |
| Caprolactam CPL overseas market | 1,600 $/ton | 1,600 $/ton | – |
| Nylon 6 chips overseas market | 1,900 $/ton | 1,900 $/ton | – |
| Nylon 6 chips conventional spinning domestic market | 13,500 yuan/ton | 13,750 yuan/ton | +250 |
| Nylon 6 chips high speed spinning domestic market
Petrochemicals chip |
14,050 yuan/ton | 14,100 yuan/ton | +50 |
| Nylon 6.6 chips domestic market | 19,100 yuan/ton | 19,100 yuan/ton | -300 |
| Nylon6 Filament POY 86D/24F domestic market | 16,150 yuan/ton | 16,200 yuan/ton | +50 |
| Nylon6 Filament DTY 70D/24F domestic market | 18,500 yuan/ton | 18,500 yuan/ton- | – |
| Nylon6 Filament FDY 70D/24F | 17,250 yuan/ton | 17,250 yuan/ton | – |
| Spandex 20D domestic market
Petrochemicals chip |
36,500 yuan/ton | 36,500 yuan/ton | – |
| Spandex 30D domestic market | 35,000 yuan/ton | 35,000 yuan/ton | – |
| Spandex 40D domestic market | 32,200 yuan/ton | 32,200 yuan/ton | – |
| Adipic Acid domestic market | 9,500 yuan/ton | 9,400 yuan/ton | -100 |
| Benzene domestic market
Petrochemicals chip |
7,930 yuan/ton | 8,120 yuan/ton | +190 |
| Benzene overseas market | 920 $/ton | 918 $/ton | -2 |
| Ethylene South East market | 920 $/ton | 950 $/ton | +30 |
| Ethylene NWE market | 729 $/ton | 686 $/ton | -43 |
| Acrylonitrile ACN domestic market
Petrochemicals chip |
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 | 13,450 yuan/ton | 13,400 yuan/ton | -50 |
| PP Powder domestic market
Petrochemicals chip |
7,400 yuan/ton | 7,220 yuan/ton | -180 |
| Naphtha overseas market | 657 $/ton | 687 $/ton | +30 |
| Phenol domestic market | 8,575 yuan/ton | 8,382 yuan/ton | -193 |
r-PET high end eco-friendly chips =7,800 yuan/ton — 7,800 yuan/ton –
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Panel for Sustainable Future in Textile in Gaziantep
GAGİAD President Koçer Spoke at the Sustainable Future in Textile Panel: “The Future of Textile Is Through Branding” Petrochemicals chip
Cihan Koçer, Chairman of the Board of Directors of Gaziantep Young Business People (GAGİAD), spoke at the opening of the panel titled “Sustainable Future in Textiles” held at Gaziantep Chamber of Industry Vocational Training Center. Emphasizing that Gaziantep is a strong textile and export city, Koçer said, “Our Gaziantep city continues its determined march in the 100th anniversary of the Republic, with its textile experience from centuries ago to today, and weaves its success stories, stitch by stitch.”
The present and future of the textile industry were discussed in the panel titled “Sustainable Future in Textile” organized by GAGİAD and Gaziantep Chamber of Industry. In the panel held at Gaziantep Chamber of Industry Vocational Training Center, many topics were discussed, from wearable technologies to sustainable fashion, from employee engagement and sustainable human resources practices to the transition process of the European Union Green Deal. The meeting, moderated by Istanbul Fashion Academy Trainings Coordinator Gülin Girişken, was attended by Fashion Designer Arzu Kaprol, who designs special clothes for Turkish scientists working in Antarctica, and LC Waikiki Corporate Academy, Professional Expertise Development Group Manager Dr. İbrahim Güneş, Orbit Consulting General Manager Didem Çakar and industry representatives attended. Petrochemicals chip
“We must brand by focusing on sustainability”
Giving the opening speech of the panel, Cihan Koçer, Chairman of GAGİAD Board of Directors, stated that it is very meaningful and valuable to organize such a panel in Gaziantep, one of the most important production and export centers of Turkey, which is the 5th largest textile exporter in the world, and said:
“Our city of Gazi, which aims to continue its stable growth by focusing on production, employment, investment and export, continues its determined march in the 100th anniversary of the Republic with its textile experience from centuries ago and weaves its success stories, stitch by stitch. The fact that the textile industry ranks first with a 2022 percent share in the 10,5 billion dollar exports reached by our city in 36 is the clearest indicator of this progress and success. Petrochemicals chip
I think that both our country and our city have a strong competitive advantage in textile in terms of production capacity and quality, but we have difficulty competing with many countries, especially Asian countries, in terms of cost. “The thing that will get us out of this cycle and turn a development that can be seen as a threat into an opportunity is to center sustainability, branding, and taking our place in the future of the world with high technology and digitalization moves.”
Koçer continued his words by stating that the sustainable future of the textile industry and our country’s reaching the place it deserves in the world requires a paradigm shift.
“To exist and produce value in a world where new generation raw materials, innovative production solutions, carbon neutrality targets and circularity are at the center, now requires leaving familiar paradigms aside. Petrochemicals chip
At the point we have reached, a view on sustainability should be a necessity rather than an obligation. We should work not for laws and sanctions, but to add value to the world in economic, social and environmental terms.
The textile industry, which was one of the first sectors to announce its sustainability action plan, should aim to first preserve and then increase its competitiveness by rapidly carrying out the implementation processes in line with the United Nations Sustainable Development Goals, Paris Climate Agreement and European Green Deal on a global level, and the Green Deal Action Plan and Medium Term Program on a national level. At this point; “With the awareness of the responsibility of our chambers, unions and GAGİAD, we will continue to play an active role in the transition of our sectors to the new order,” he said. Petrochemicals chip
“The transition to a circular economy will accelerate our adaptation to international standards.”
Ali Can Koçak, one of the hosts of the panel, Member of the Board of Directors of Gaziantep Chamber of Industry and Chairman of the Board of Directors of Gaziantep Chamber of Industry Vocational Training Center (GSO-MEM), emphasized the importance of sustainability in terms of international competition in his speech and said, “It is necessary to realize green and digital transformation for a sustainable future in textiles.” .
