Petrochemicals Ny66 – Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP 27-11-2023
Petrochemicals Ny66
- 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 Ny66PET
| Polyestertime | |||
| ITEM | 20/11/2023 | 27/11/2023 | +/- |
| Bottle grade PET chips domestic market | 7,000 yuan/ton | 6,825 yuan/ton | -175 |
| Bottle grade PET chips export market | 890 $/ton | 880 $/ton | -10 |
| Filament grade Semidull chips domestic market | 6,825 yuan/ton | 6,675 yuan/ton | -150 |
| Filament grade Bright chips domestic market | 6,875 yuan/ton | 6,710 yuan/ton | -165 |
| Pure Terephthalic Acid PTA domestic market | 6,080 yuan/ton | 5,725 yuan/ton | -355 |
| Pure Terephthalic Acid PTA export market | 750 $/ton | 730 $/ton | -20 |
| Monoethyleneglycol MEG domestic market | 4,185 yuan/ton | 4,045 yuan/ton | -140 |
| Monoethyleneglycol MEG export market | 488 $/ton | 477 $/ton | -11 |
| Paraxylene PX FOB Taiwan market
Petrochemicals Ny66 |
1,020 $/ton | 999 $/ton |
-21 |
| Paraxylene PX FOB Korea market | 997 $/ton | 976 $/ton | -21 |
| Paraxylene PX FOB EU market | 1,050 $/ton | 1,045 $/ton | -5 |
| Polyester filament POY 150D/48F domestic market | 7,430 yuan/ton | 7,470 yuan/ton |
+40 |
| Recycled Polyester filament POY domestic market | 7,400 yuan/ton | 7,400 yuan/ton | – |
| Polyester filament DTY 150D/48 F domestic market | 8,825 yuan/ton | 8,850 yuan/ton | +25 |
| Polyester filament FDY 68D24F
Petrochemicals Ny66 |
8,800 yuan/ton | 8,800 yuan/ton | – |
| Polyester filament FDY 150D/96F domestic market | 8,100 yuan/ton | 8,100 yuan/ton | – |
| Polyester staple fiber 1.4D 38mm domestic market | 7,500 yuan/ton | 7,350 yuan/ton | -150 |
| Caprolactam CPL domestic market | 13,000 yuan/ton | 13,200 yuan/ton |
+200 |
| Caprolactam CPL overseas market | 1,600 $/ton | 1,600 $/ton | – |
| Nylon 6 chips overseas market | 1,830 $/ton | 1,830 $/ton | – |
| Nylon 6 chips conventional spinning domestic market | 14,000 yuan/ton | 14,150 yuan/ton | +150 |
| Nylon 6 chips high speed spinning domestic market
Petrochemicals Ny66 |
14,250 yuan/ton | 14,350 yuan/ton | +100 |
| Nylon 6.6 chips domestic market | 20,000 yuan/ton | 20,000 yuan/ton | – |
| Nylon6 Filament POY 86D/24F domestic market | 16,350 yuan/ton | 16,450 yuan/ton | +100 |
| Nylon6 Filament DTY 70D/24F domestic market | 18,500 yuan/ton | 18,600 yuan/ton- | +100 |
| Nylon6 Filament FDY 70D/24F | 17,000 yuan/ton | 17,150 yuan/ton | +150 |
| Spandex 20D domestic market
Petrochemicals Ny66 |
36,100 yuan/ton | 36,100 yuan/ton | – |
| Spandex 30D domestic market | 34,600 yuan/ton | 34,600 yuan/ton | – |
| Spandex 40D domestic market | 31,600 yuan/ton | 31,600 yuan/ton | – |
| Adipic Acid domestic market | 8,850 yuan/ton | 8,775 yuan/ton | -75 |
| Benzene domestic market
Petrochemicals Ny66 |
7,800 yuan/ton | 7,300 yuan/ton | -500 |
| Benzene overseas market | 893 $/ton | 872 $/ton | -21 |
| Ethylene South East market | 940 $/ton | 940 $/ton | – |
| Ethylene NWE market | 779 $/ton | 749 $/ton | -30 |
| Acrylonitrile ACN domestic market
Petrochemicals Ny66 |
10,300 yuan/ton | 10,300 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 | 13,100 yuan/ton | 13,100 yuan/ton | – |
| PP Powder domestic market
Petrochemicals Ny66 |
7,350 yuan/ton | 7,270 yuan/ton | -80 |
| Naphtha overseas market | 626 $/ton | 653 $/ton | +27 |
| Phenol domestic market | 8,192 yuan/ton | 8,275 yuan/ton | +83 |
r-PET high end eco-friendly chips =7,900 yuan/ton — 7,900 yuan/ton –
Samsung Engineering to start FEED on 150,000-tonne Malaysian green hydrogen project
A green hydrogen project in Sarawak, Malaysia, with an annual production capacity of 150,000 tonnes, is set to begin its front-end engineering design (FEED) work by Samsung Engineering, a South Korean company.
The project, named H2Biscus, is a joint venture between Lotte Chemical and Korea National Oil Corporation from South Korea and SEDC Energy from Malaysia.
The project aims to convert green hydrogen into 850,000 tonnes of green ammonia per year, using renewable energy sources. Petrochemicals Ny66
Samsung Engineering will choose the best hydrogen production method from two options: PEM and alkaline electrolysis, based on efficiency and economic feasibility.
The FEED work is expected to be completed in 2024, followed by a final investment decision (FID) at the end of the same year.
If the FID is approved, the engineering, procurement and construction (EPC) work will start in early 2025, and the commercial production of green hydrogen will commence in early 2028. Petrochemicals Ny66
The project partners have already secured a renewable power supply agreement with Sarawak Electricity Authority, as per a Memorandum of Understanding (MoU).
Samsung Engineering’s President and CEO, Hong Namkoong, said that the H2Biscus project is a significant milestone for both domestic and international markets, and that they will strive to make it a successful and exemplary model for global hydrogen projects.
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Petrochemicals Ny66