r-PET – Post-consumer recycled (PCR) carbon fiber is rapidly emerging as a game-changer in the automotive industry, driven by growing environmental concerns and the push for more sustainable materials 26-08-2024

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Polyestertime
ITEM 19/07/2024 26/08/2024 +/-
Bottle grade PET chips domestic market 6,850 yuan/ton 6,920 yuan/ton +70
Bottle grade PET chips export market     882 $/ton 870  $/ton -12
LDPE Est China 1,140 $/ton 1,135 $/ton -5
PET Semidull Fiber chips

PET Bright

6,730 yuan/ton

6,800 yuan/ton

6,650 yuan/ton

6,680 yuan/ton

-80

-120

Pure Terephthalic Acid PTA domestic market

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5,470 yuan/ton 5,385 yuan/ton
-85
Pure Terephthalic Acid PTA FOB China 700 $/ton 690 $/ton -10
Monoethyleneglycol MEG domestic market 4,600 yuan/ton 4,660 yuan/ton
+60
Monoethyleneglycol MEG export market 542 $/ton 546 $/ton +4
Paraxylene PX FOB  Taiwan market 959 $/ton 944 $/ton
-15
Paraxylene PX FOB  Korea market 937 $/ton 922 $/ton -15
Paraxylene PX FOB EU market 1,080 $/7on 1,060 $/ton -20
Polyester filament POY 150D/48F domestic market 7,450  yuan/ton 7,345 yuan/ton
-105
Recycled Polyester filament POY  domestic market 7,420 yuan/ton 7,150 yuan/ton -270
Polyester filament DTY 150D/48 F domestic market 9,050 yuan/ton 8,915 yuan/ton -135
Polyester filament FDY 68D24F 8,920 yuan/ton 8,550 yuan/ton -370
Polyester filament FDY 150D/96F domestic market

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8,150 yuan/ton 7,750 yuan/ton -400
Polyester staple fiber 1.4D 38mm domestic market 7,435 yuan/ton 7,445 yuan/ton +10
Caprolactam CPL domestic market 12,800 yuan/ton 12,825 yuan/ton
+25
Caprolactam CPL Northeast Asia

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1,540 $/ton 1,540 $/ton
Nylon 6 chips overseas  market 1,920 $/ton 1,920 $/ton
Nylon 6 chips conventional spinning domestic  market 13,600 yuan/ton 13,750 yuan/ton +150
Nylon 6 chips  high speed spinning domestic  market 14,420 yuan/ton 14,380 yuan/ton -40
Nylon 6.6 chips domestic  market

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18,500 yuan/ton 18,500 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 16,250 yuan/ton 16,300 yuan/ton +50
Nylon6 Filament DTY 70D/24F domestic  market 18,600 yuan/ton 18,700 yuan/ton +100
Nylon6 Filament FDY  70D/24F  17,500 yuan/ton 17,500 yuan/ton
Spandex 20D  domestic  marke 29,000 yuan/ton 29,000 yuan/ton
Spandex 30D  domestic  market 28,500 yuan/ton 28,500 yuan/ton
Spandex 40D  domestic  market  25,500 yuan/ton 25,500 yuan/ton
Adipic Acid domestic market

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8,950 yuan/ton 8,950 yuan/ton
Benzene domestic market 8,490 yuan/ton  8,565 yuan/ton +75
Benzene China CFR 1,049 $/ton 1,035 $/ton -14
Ethylene South East market 930 $/ton 980 $/ton +50
Ethylene NWE market CIF 846 $/ton  964 $/ton +118
Acrylonitrile ACN  domestic market 8,000 yuan/ton 8,650 yuan/ton +650
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF CFR China

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14,600 yuan/ton 14,600 yuan/ton
VSF viscose staple fiber 13,500 yuan/ton 13,500 yuan/ton
PP Powder domestic market 7,400 yuan/ton 7,440 yuan/ton +40
Naphtha overseas market  656 $/ton 659 $/ton +3
Phenol domestic market 8,462 yuan/ton 8,620 yuan/ton +158

r-PET Flakes  =                    6,820 yuan/ton  —          6,650  yuan/ton          -170 

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Türkiye Extends Anti-Dumping Measures on Polyester Fiber Imports

Türkiye has extended its anti-dumping measures on polyester fiber imports from China, Indonesia, and South Korea. This decision, published in the Official Gazette, aims to maintain protective measures against unfair dumping practices that could harm the domestic industry. The extension follows a final review investigation conducted by the General Directorate of Imports under the Ministry of Trade.   r-PET

Continuation of Anti-Dumping Duties

The investigation confirmed that removing the existing anti-dumping measures would likely result in the continuation or recurrence of dumping and its associated harms. As a result, Türkiye has decided to maintain the current anti-dumping duties. Specifically, the anti-dumping duty on Chinese polyester fiber imports will remain at 21 cents per kilogram. For imports from Indonesia and South Korea, the duties will continue to range between 6.2% and 12% of the cost, insurance, and freight (CIF) value.   r-PET

These measures are intended to protect Türkiye’s domestic polyester fiber industry from the negative effects of dumping, where foreign producers sell goods at unfairly low prices, undercutting local manufacturers. By extending these duties, Türkiye aims to level the playing field for its domestic producers and prevent any potential harm that could arise from lifting the measures.

New Surveillance Regulations on Plastic Product Imports

In addition to extending anti-dumping duties on polyester fiber, the Ministry of Trade has introduced new surveillance regulations for certain plastic products.  r-PET

This regulation, also published in the Official Gazette, outlines the procedures and principles for future monitoring of imports of polyethylene components with resistors and terminal pins.

Under the new regulation, the unit customs value for the specified plastic products will be set at $10 per kilogram. Importers of these products will now be required to obtain a surveillance certificate from the General Directorate of Imports before bringing their goods into the country. This new measure is set to take effect in 30 days from the date of publication.   r-PET

Protecting Domestic Industries and Ensuring Fair Competition

These actions by Türkiye are part of a broader strategy to protect its domestic industries from unfair competition and ensure a stable and fair trading environment. By extending anti-dumping duties on polyester fiber imports and introducing new surveillance measures for plastic products, Türkiye is taking proactive steps to safeguard its market against practices that could potentially destabilize local industries.  r-PET

Dumping, the practice of exporting goods at prices lower than their normal value in the exporting country, can have severe impacts on the importing country’s industries. It can lead to significant losses for domestic producers, job cuts, and even the collapse of certain sectors if left unchecked. Anti-dumping measures, like those extended by Türkiye, are crucial tools in the fight against such unfair trade practices.

Long-Term Implications for Trade and Industry

The decision to extend anti-dumping duties and implement new surveillance regulations reflects Türkiye’s commitment to maintaining a balanced trade environment that supports domestic industries. These measures are likely to have long-term implications for both local producers and foreign exporters. For local producers, the continued protection offers stability and a chance to compete fairly in the market. For foreign exporters, particularly from China, Indonesia, and South Korea, the extended duties may prompt a reevaluation of their pricing strategies and market approaches.  r-PET

As Türkiye continues to monitor and regulate its imports, these measures will play a critical role in shaping the future of its industrial landscape, ensuring that domestic industries remain competitive and resilient against unfair trade practices.

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Post-consumer recycled (PCR) carbon fiber is rapidly emerging as a game-changer in the automotive industry, driven by growing environmental concerns and the push for more sustainable materials

As automakers and suppliers continue to innovate, PCR carbon fiber is becoming increasingly viable for large-scale production, offering significant benefits in weight reduction, fuel efficiency, and overall sustainability.  r-PET

The Rise of PCR Carbon Fiber in Automotive Applications

Traditionally, carbon fiber has been valued in the automotive sector for its lightweight and high-strength properties, which are particularly beneficial in high-performance and luxury vehicles. However, the production of virgin carbon fiber is energy-intensive and costly, leading to increased interest in PCR carbon fiber as a more sustainable alternative.

PCR carbon fiber is made from recycled materials, often sourced from industries such as aerospace or wind energy, where carbon fiber is widely used. This recycling process not only helps reduce waste but also significantly lowers the carbon footprint associated with manufacturing new carbon fiber components.  r-PET

Recent Developments and Applications

Several automotive manufacturers and suppliers are now incorporating PCR carbon fiber into their production lines. For example, in 2024, Borealis introduced a glass-fiber-reinforced polypropylene compound containing 65% PCR content, which is being used in the production of interior components for the Peugeot 3008. This move marks a significant milestone in the use of recycled materials in mass-produced vehicles.

Additionally, Carbon Revolution, a leader in carbon fiber wheels, has expanded its production capabilities in Mexico to cater to the growing demand for carbon fiber wheels in various automotive markets. Their products are now featured on the latest Range Rover models, underscoring the increasing acceptance of carbon fiber in mainstream automotive design.  r-PET

Environmental and Performance Benefits

The use of PCR carbon fiber in automotive applications offers multiple benefits. From an environmental perspective, it helps reduce reliance on virgin materials and lowers greenhouse gas emissions associated with the production process. This aligns with the broader industry trend toward sustainability, where automakers are increasingly pressured to meet stringent environmental regulations.  r-PET

From a performance standpoint, PCR carbon fiber retains many of the desirable characteristics of virgin carbon fiber, such as high strength-to-weight ratio, which is critical for improving vehicle efficiency. Lighter vehicles consume less fuel and have lower emissions, making them more environmentally friendly. This is particularly important as the automotive industry shifts toward electric vehicles, where weight savings can directly translate to extended battery range.  r-PET

Challenges and Future Outlook

Despite its advantages, the adoption of PCR carbon fiber in the automotive industry is not without challenges. The recycling process can degrade the material’s properties, making it less suitable for certain high-stress applications. Additionally, the cost of recycling and processing PCR carbon fiber remains a barrier to its widespread use.

However, ongoing research and technological advancements are expected to overcome these hurdles. Companies like Toray Industries and Teijin Limited are investing in innovative recycling techniques to improve the quality and performance of PCR carbon fiber. Moreover, as the automotive industry continues to prioritize sustainability, the demand for recycled materials is likely to grow, driving further adoption of PCR carbon fiber.  r-PET

In conclusion, PCR carbon fiber is poised to play a crucial role in the future of automotive manufacturing. As more companies embrace this sustainable material, we can expect to see its application expand beyond niche markets into broader, more mainstream automotive uses. This trend reflects the automotive industry’s commitment to reducing its environmental impact while maintaining high performance standards.  r-PET

Post-consumer recycled (PCR) carbon fiber is rapidly emerging as a game-changer in the automotive industry, driven by growing environmental concerns and the push for more sustainable materials