Polymers Petrochemicals DTY POY 30-05-2019

  • China Polyethylene Terephthalate
  • PET and its chain begin again to show a downward trend
  • Crude oil   is steady.
    • Polyamide 6 and its chain continue to show a downward trend.

    PET Bottle grade export 890/950 $/ton PET Bottle grade domestic market 7,200/7,300 yuan/ton PET Filament grade SD domestic market 6,550/6,700 yuan/ton – PET Filament grade BR domestic market 6,650/6,750 yuan/ton

  • PTA Taiwan 780/800 $/ton PTA domestic market 5,600/5,700 yuan/tonMEG  525/535 $/ton – MEG domestic market 4,300/4,400 yuan/tonPX Korea 855/865 $/ton
  • Polyester POY 150D/48F  domestic market 7,500/7,600  yuan/tonPolyester DTY 150D/48F  domestic market 9,200/9,300  yuan/tonPolyester Staple PSF domestic market 7,550/7,650 yuan/ton

Polymers Petrochemicals DTY POY

-Graphene the ‘miracle material’ is stronger than diamond but what can it do?

Graphene was the talk of the technology industry eight years ago.

It was a material so strong that it would ‘take an elephant, balanced on a sharpened pencil, to break through a sheet of graphene the thickness of Saran Wrap [cling film].’

It won its creators the Nobel Prize and went on to receive a €1bn (£880m) research grant from the EU in 2013.

It was touted as the ‘miracle material’ with ‘limitless potential’ set to turn the entire technology sector upside down.

Polymers Petrochemicals DTY POY

-Carbon Fiber Textiles : Fabrics could be the next big thing in facades

Humans have been using fabric to create shelter for thousands of years. If a set of groundbreaking researchers and designers have their way, however, applications of textile-based architectural elements have the potential to play an important role in shaping the future of enclosures as well.

Across scales and methods of application, research into the use of textile-based elements in architecture has increased over the last 15 years as professional and university teams in Europe and the United States have embraced robotic weaving applications, custom-designed carbon fiber textiles, and experimental fabric facades. With an eye toward wrapping ever-larger structures, creating unique sensory experiences, and engineering a more sustainable future, new applications of fabrics have the potential to change the face, look, and feel of architecture as we know it.

Polymers Petrochemicals DTY POY

Crude Oil Prices Trend Polymers Petrochemicals DTY POY

Polymers Petrochemicals DTY POY

-A chinese producer offers PET resin bottle grade in India for shipment in June 2019 

Import offers for PET resin in India:

A Chinese producer has offered its PET resin bottle grade (IV 0.80) in India at the USD 955/mt levels, for shipment in June 2019, on a CIF Mumbai port basis.

Let’s take a look at Futures on China Dalian Commodity Exchange for today:

On May 28, 2019:

– LLDPE prices are higher by RMB 10/MT at RMB 7775/MT.

– PP rates are up by RMB 7/mt at RMB 8200/MT

– PVC prices are higher by RMB 10/MT at RMB 6790/MT.

Polymers Petrochemicals DTY POY

-Fuwei films (ffhl) versus Shiner International (UECN) financial survey

Fuwei Films (NASDAQ:FFHL) and Shiner International (OTCMKTS:UECN) are both small-cap industrial products companies, but which is the superior investment?

We will contrast the two businesses based on the strength of their analyst recommendations, risk, valuation, dividends, earnings, profitability and institutional ownership.

Film

-Why PP Preforms Better Than PET Preforms : Top Market Trends

The plastic preforms are used for bottles or containers making by the molding process. The PP bottles are made up from PP preforms by using the injection molding process, while the PET bottles are made up by using the stretch blow injection molding process.

The bottle making business is on the peak from the past few years due to the growth in the food and beverages industry.

The PET preforms are highly adaptable as compared to the PP preforms due to low cost and easy to recycling. However, the PP preforms are used for the production of long-term use bottles. PP preforms have high durability and higher thickness as compared to the PET preforms.

Preform for milk bottle

-Fuarecia Invests in Cybersecurity @GuardKnox

Faurecia, one of the world’s leading automotive technology companies  announced an investment in GuardKnox, an Israeli automotive cybersecurity provider, to reinforce data security in the connected car and for new user experiences.

Based in Israel, GuardKnox provides comprehensive cyber defense (hardware and software) for connected and autonomous vehicles. Polymers Petrochemicals DTY POY

GuardKnox technology will enable Faurecia to propose complete end-to-end solutions integrated into the car vehicle, securing the software, data and cloud connectivity.

Faurecia cars supplier

-Russia to consider extending oil output cut with OPEC: deputy PM

Russia’s Finance Minister Anton Siluanov speaks during a session of the VTB Capital Investment Forum “Russia Calling!” in Moscow, Russia, No

Russia’s Finance Minister Anton Siluanov speaks during a session of the VTB Capital Investment Forum “Russia Calling!” in Moscow, Russia, No

Russia will carefully consider extending its oil output reduction agreement with the Organization of the Petroleum Exporting Countries (OPEC) and other producers, Russian First Deputy Prime Minister Anton Siluanov told Reuters on Wednesday.

Moscow will weigh, in particular, the deal’s positive effect on oil prices against losses in market share to United States companies, he said. Polymers Petrochemicals DTY POY

Polymers Petrochemicals DTY POY

-Can Plastic Be ‘Biodegradable’? New Study Suggests the Jury is Out

Anyone with an interest in green, eco-conscious living knows that plastic has become a major environmental concern in recent years.

They are taking over our oceans and lands, posing a grave threat to marine life, and threatening human health.

Unfortunately, only an estimated 15 percent of the plastic we use is recycled.

This stands in stark comparison to the 88 percent recycling rate for steel, and the 63 percent rate for paper.

This can partly be attributed to the fact that plastic does not biodegrade easily.

In fact, it can remain intact for up to a thousand years, before finally breaking down into countless, tiny microplastic fragments.

Plastic Biodegradable

-Asia PC tumbles to near 10-year low on supply glut

Asia’s polycarbonate (PC) markets have slumped to record lows in nearly a decade, pummeled by a plentiful supply situation that could persist amid the ongoing US-China trade war.

Spot PC prices extended their downward trend due to the supply overhang, while demand was dwindling, particularly for imports in the key China market.

Market discussions drifted lower for June shipments of general-purpose (GP) moulding grade PC, averaging at $2,000/tonne CIF (cost, insurance and freight) China in the week ending 29 May, according to ICIS data.

Polymers Petrochemicals DTY POY

-Weekly resin report: Most spot PE, PP prices shed a penny

Plastics processors hit the pause button last week, following a burst of aggressive buying, but overall completed volumes in resin trading still tallied above average, reports the PlasticsExchange (Chicago) in its Market Update.

Fresh offerings for both polyethylene (PE) and polypropylene (PP) were a bit heavier and prices for most grades shed a cent.

With contract increases intact for both PE (April) and PP (May) and ample resin supplies available, there was little need to chase material, though current spot resin offers present very good value compared to contracts.

International PE prices and demand were both softer, but large volumes are still shipping offshore.Polymers Petrochemicals DTY POY

Polypropylene chips

-ITMA 2019 Exhibitor Preview: Picanol

From June 20-26, 2019, Picanol will demonstrate its latest weaving technology at ITMA Barcelona.

ITMA Barcelona will see the world premiere of a brand new airjet machine, the OmniPlus-i, which represents a new benchmark in airjet weaving.

This further builds on the solid base of nearly 40 years of experience in airjet weaving, during which over 100,000 airjet machines have so far been shipped. In total, Picanol will have 12 machines on display at ITMA Barcelona.

In addition to 5 new airjet weaving machines, Picanol will also present 5 rapier weaving machines with many new developments.

Furthermore, a rapier machine in Jacquard execution will be on display at the Bonas booth and a terry airjet at the Stäubli booth.

The Picanol booth will be located in Hall 4, Booth 101. Polymers Petrochemicals DTY POY

Polymers Petrochemicals DTY POY

-Hyosung Launches creora® Actifit Spandex At 2019 Outdoor Retailer Summer Market

Propelled by the craving for challenge and a healthier lifestyle, the popularity of outdoor endurance sports is on the rise. To help construct the best multi-sport apparel for endurance sports enthusiasts, Hyosung, the world’s largest spandex manufacturer, has developed new high-performance creora® ActiFit spandex, which the company will launch at the Outdoor Retailer Summer Market in Denver, June 18-20, 2019.

creora® ActiFit spandex provides the long-lasting durability, UV and chlorine resistance, and superior recovery required of cycling, swimming, triathlon and adventure racing apparel where athletes can encounter numerous environmental surroundings – whether it be salt water, intense sun or a rocky crag.

Polymers Petrochemicals DTY POY

-Malaysia will send 3,300 tons of non-recyclable plastic waste back to the U.S. and other countries

Environment Minister Yeo Bee Yin said the aim is to avoid becoming a dumping ground for rich nations

Malaysia will send back some 3,000 metric tons (3,300 tons) of non-recyclable plastic waste to countries such as the U.S., U.K., Canada and Australia in a move to avoid becoming a dumping ground for rich nations, Environment Minister Yeo Bee Yin said Tuesday.

Polymers Petrochemicals DTY POY

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-Polymers Petrochemicals DTY PSF

 

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