Petrochemicals r-PET Resin – Has the electric car won the war against the hydrogen car? 16-09-2023
Petrochemicals r-PET Resin
- 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 r-PET Resin
| Polyestertime | |||
| ITEM | 09/10/2023 | 16/10/2023 | +/- |
| Bottle grade PET chips domestic market | 7,025 yuan/ton | 7,000 yuan/ton | -25 |
| Bottle grade PET chips export market | 890 $/ton | 885 $/ton | -5 |
| Filament grade Semidull chips domestic market | 6,980 yuan/ton | 6,860 yuan/ton | -120 |
| Filament grade Bright chips domestic market | 7,010 yuan/ton | 6,900 yuan/ton | -110 |
| Pure Terephthalic Acid PTA domestic market | 6,005 yuan/ton | 5,860 yuan/ton | -145 |
| Pure Terephthalic Acid PTA export market | 760 $/ton | 730 $/ton | -30 |
| Monoethyleneglycol MEG domestic market | 4,025 yuan/ton | 4,025 yuan/ton | – |
| Monoethyleneglycol MEG export market | 467 $/ton | 467 $/ton | – |
| Paraxylene PX FOB Taiwan market
Petrochemicals r-PET Resin |
1,050 $/ton | 1,033 $/ton |
-17 |
| Paraxylene PX FOB Korea market | 1,027 $/ton | 1,010 $/ton | -17 |
| Paraxylene PX FOB EU market | 1,250 $/ton | 1,185 $/ton | -65 |
| Polyester filament POY 150D/48F domestic market | 7,900 yuan/ton | 7,675 yuan/ton |
-225 |
| Recycled Polyester filament POY domestic market | 7,550 yuan/ton | 7,550 yuan/ton | – |
| Polyester filament DTY 150D/48 F domestic market | 9,150 yuan/ton | 9,000 yuan/ton | -150 |
| Polyester filament FDY 68D24F
Petrochemicals r-PET Resin |
9,100 yuan/ton | 8,950 yuan/ton | -150 |
| Polyester filament FDY 150D/96F domestic market | 8,500 yuan/ton | 8,300 yuan/ton | -200 |
| Polyester staple fiber 1.4D 38mm domestic market | 7,620 yuan/ton | 7,550 yuan/ton | -70 |
| Caprolactam CPL domestic market | 12,500 yuan/ton | 12,600 yuan/ton |
+100 |
| 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 | 13,500 yuan/ton | -550 |
| Nylon 6 chips high speed spinning domestic market
Petrochemicals r-PET Resin |
14,400 yuan/ton | 14,050 yuan/ton | -350 |
| Nylon 6.6 chips domestic market | 19,400 yuan/ton | 19,100 yuan/ton | -300 |
| Nylon6 Filament POY 86D/24F domestic market | 16,500 yuan/ton | 16,150 yuan/ton | -350 |
| Nylon6 Filament DTY 70D/24F domestic market | 18,700 yuan/ton | 18,500 yuan/ton- | -200 |
| Nylon6 Filament FDY 70D/24F | 17,500 yuan/ton | 17,250 yuan/ton | -250 |
| Spandex 20D domestic market
Petrochemicals r-PET Resin |
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 | 9,800 yuan/ton | 9,500 yuan/ton | -300 |
| Benzene domestic market
Petrochemicals r-PET Resin |
7,940 yuan/ton | 7,930 yuan/ton | -10 |
| Benzene overseas market | 908 $/ton | 920 $/ton | +12 |
| Ethylene South East market | 900 $/ton | 920 $/ton | +20 |
| Ethylene NWE market | 772 $/ton | 729 $/ton | -43 |
| Acrylonitrile ACN domestic market
Petrochemicals r-PET Resin |
10,000 yuan/ton | 9,700 yuan/ton | -100 |
| 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 | 13,400 yuan/ton | 13,450 yuan/ton | +50 |
| PP Powder domestic market
Petrochemicals r-PET Resin |
7,450 yuan/ton | 7,400 yuan/ton | -50 |
| Naphtha overseas market | 648 $/ton | 657 $/ton | +9 |
| Phenol domestic market | 9,112 yuan/ton | 8,575 yuan/ton | -537 |
r-PET high end eco-friendly chips =7,800 yuan/ton — 7,800 yuan/ton –
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Petrochemicals r-PET Resin
Has the electric car won the war against the hydrogen car?
The debate between electric and hydrogen cars has been ongoing for years. While both technologies have their advantages and disadvantages, it seems that electric cars have emerged as the clear winner.
According to a study published in the peer-reviewed journal Nature, hydrogen fuel cell vehicles are not likely to catch up to battery-electric vehicles, even for commercial trucks 1. The study confirms what common sense has made clear for years: hydrogen fuel cell vehicles are not as efficient as battery-electric vehicles 2. The organization forecasts that battery-electric vehicles will improve to 81% overall efficiency by 2050, whereas hydrogen fuel cell electric vehicles will improve to 42% 2. Petrochemicals r-PET Resin
Another advantage of electric cars is that they can depend on an existing power generation and distribution system – the electrical grid. An electric vehicle can be recharged wherever there is access to a plug socket 3. On the other hand, hydrogen cars require a separate infrastructure for producing and transporting hydrogen 4.
Despite the fact that hydrogen fuel cell cars emerged as an alternative to both the electric and combustion engine vehicle in the early 2000s, they have now all but disappeared 3. Toyota and Hyundai, the only vehicle manufacturers to produce hydrogen cars for the UK market, sold just 12 hydrogen cars in the country in 2021 3. Meanwhile, electric vehicles have surged in popularity. In 2010, 138 electric vehicles were sold in the UK. This grew to roughly 190,000 annual sales in 2021 3.
In conclusion, it seems that electric cars have won the war against hydrogen cars. While both technologies have their advantages and disadvantages, electric cars are more efficient and practical than hydrogen cars. They can depend on an existing power generation and distribution system – the electrical grid – and do not require a separate infrastructure for producing and transporting fuel. Therefore, it is safe to say that electric cars are here to stay. Petrochemicals r-PET Resin
