R-PET Bottles – The Engine That Could Revolutionize Electric Vehicles 05-08-1014

R-PET Bottles

R-PET Bottles

Polyestertime
ITEM 29/07/2024 05/08/2024 +/-
Bottle grade PET chips domestic market 7,150 yuan/ton 7,040 yuan/ton -110
Bottle grade PET chips export market 900 $/ton 910 $/ton +10
LDPE Est China 1,155 1,152 $/ton -3
PET Fiber chips 7,050 7,010 yuan/ton -40
Pure Terephthalic Acid PTA domestic market

R-PET Bottles

5,850 yuan/ton 5,700 yuan/ton
-150
Pure Terephthalic Acid PTA FOB China 740 $/ton 735 $/ton -5
Monoethyleneglycol MEG domestic market 4,700 yuan/ton 4,660 yuan/ton
-40
Monoethyleneglycol MEG export market 543 $/ton 543 $/ton
Paraxylene PX FOB  Taiwan market 996 $/ton 991 $/ton
-5
Paraxylene PX FOB  Korea market 974 $/ton 969 $/ton -5
Paraxylene PX FOB EU market 1,135 $/7on 1,131 $/ton -4
Polyester filament POY 150D/48F domestic market 7,770  yuan/ton 7,770 yuan/ton
Recycled Polyester filament POY  domestic market 7,600 yuan/ton 7,300 yuan/ton -300
Polyester filament DTY 150D/48 F domestic market 9,380 yuan/ton 9,380 yuan/ton
Polyester filament FDY 68D24F 9,200 yuan/ton 9,100 yuan/ton -100
Polyester filament FDY 150D/96F domestic market

R-PET Bottles

8,380 yuan/ton 8,350 yuan/ton -30
Polyester staple fiber 1.4D 38mm domestic market 7,800 yuan/ton 7,750 yuan/ton -50
Caprolactam CPL domestic market 12,650 yuan/ton 12,600 yuan/ton
-50
Caprolactam CPL FL Far East

R-PET Bottles
1,680 $/ton 1,660 $/ton -20
Nylon 6 chips overseas  market 1,920 $/ton 1,920 $/ton
Nylon 6 chips conventional spinning domestic  market 13,450 yuan/ton 13,500 yuan/ton +50
Nylon 6 chips  high speed spinning domestic  market 13,850 yuan/ton 14,200 yuan/ton +350
Nylon 6.6 chips domestic  market

R-PET Bottles

19,200 yuan/ton 19,400 yuan/ton +200
Nylon6 Filament POY 86D/24F domestic  market 16,150 yuan/ton 16,275 yuan/ton +125
Nylon6 Filament DTY 70D/24F domestic  market 18,550 yuan/ton 18,640 yuan/ton +90
Nylon6 Filament FDY  70D/24F  17,400 yuan/ton 17,450 yuan/ton +50
Spandex 20D  domestic  marke 31,000 yuan/ton 29,800 yuan/ton -200
Spandex 30D  domestic  market 29,500 yuan/ton 29,300 yuan/ton -200
Spandex 40D  domestic  market  26,500 yuan/ton 26,300 yuan/ton -200
Adipic Acid domestic market

R-PET Bottles

9,450 yuan/ton 9,450 yuan/ton
Benzene domestic market, 8,350 yuan/ton  8,265 yuan/ton -85
Benzene CIF China  1,170 $/ton 1,190 $/ton +20
Ethylene South East market 925 $/ton 925 $/ton
Ethylene NWE market CIF 795 $/ton 820 $/ton +25
Acrylonitrile ACN  domestic market 9,100 yuan/ton 9,400 yuan/ton +300
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market

R-PET Bottles

14,600 yuan/ton 14,600 yuan/ton
Viscose Bright VFY 120D 12,900 yuan/ton 12,900 yuan/ton -50
PP Powder domestic market 7,550 yuan/ton 7,450 yuan/ton -100
Naphtha overseas market  688 $/ton 644 $/ton -44
Phenol domestic market 8,535 yuan/ton 8,475 yuan/ton -60

r-PET FLAKES =                   5,700 yuan/ton  —          5,475 yuan/ton   –       –  225

R-PET Bottles

Nylon 6 Chip Trading Expands: A Sign of Bottoming Out?

Starting from July 15-19, the trading volume of nylon 6 conventional spinning (CS) chips has increased, particularly on July 17. Major CS chip factories in regions like Shanxi, Shandong, Hunan, Jiangsu, and Zhejiang have seen significant surges in sales/production ratios, with daily sales reaching over a thousand or two thousand tons. Some factories have raised prices slightly by 50-100 yuan/mt.  R-PET Bottles

Simultaneously, polymer plants have increased their purchasing of CPL, with trading sentiment in East China improving significantly in the range of 12,400-12,450 yuan/mt. Downstream buyers are actively inquiring, and sellers are cautiously optimistic.

Factors Leading to Recent Price Decline:

  1. Decline in Benzene Prices: Tight benzene supply and capital behavior in late June led to a sharp decline in benzene prices, which dropped to 850 yuan/mt in early July, causing a significant downward adjustment in CPL and chip prices.
  2. Commissioning of Luxi Chemical’s New Plants: New CPL and PA6 units have been gradually put into operation since June. By late July, the new CPL plant’s operating rate was at 60%, and four PA6 units were in production. The market impact of 200kt/year has been largely realized, with short-term impacts weakening as prices stabilize. R-PET Bottles
  3. Seasonal Off-Season: July and August are traditionally slow seasons for the textile and engineering plastics markets. Demand has lightened in some filament market specifications, and modified plastic plants reported a slight decrease in chip usage compared to June. R-PET Bottles

Current Market Analysis:

Despite the price decline in the first half of July, factors such as stabilizing benzene prices, realized new capacities at Luxi Chemical, and positive purchasing willingness indicate a potential for short-term stabilization and rebound in prices. However, sustained upward trends are unlikely without more positive news developments, as the supply side remains stable with high operating rates and no production cuts.

R-PET Bottles

The Engine That Could Revolutionize Electric Vehicles

Imagine placing a glass of champagne on the cylinder head of a two-stroke engine. Typically, the vibrations would cause the glass to topple. However, new technology from the Austrian-German company Obrist has changed this scenario.

Years ago, a mechanic demonstrated the precision of a well-tuned Ford 2.0 Zetec engine by balancing a coin on its valve cover. While impressive, this feat pales in comparison to Obrist’s latest innovation.  R-PET Bottles

The Glass Test

Inspired by a famous Lexus LS400 commercial, Obrist’s ZVG engine can balance a glass of champagne without spilling a drop, even while running. This is remarkable for a two-stroke engine, which traditionally experiences more vibrations than a four-stroke engine. The ZVG achieves this through optimal operation and dual crankshafts that counteract each other’s vibrations. Additional noise reduction is provided by a rubber reducer and a flywheel, all housed in a soundproof box. R-PET Bottles

Hybrid Ready

Weighing just 110 kg, the 45 kW (61 HP) Obrist engine is designed not for direct propulsion but as part of an electrified system to recharge batteries. According to CEO Frank Obrist, this engine could address the range limitations of electric vehicles, consuming only 1.5 liters of gasoline or e-fuel per 100 km.

Lightweight and Efficient

The batteries recharged by the ZVG engine weigh only 98 kg, significantly lighter than those in a Tesla Model Y. Despite their smaller size, they offer over 80 km of pure electric range. When combined with the internal combustion engine, the total range becomes comparable to, or even exceeds, that of large electric sedans and SUVs. R-PET Bottles

Future Prospects

Obrist’s HyperHybrid system is nearly ready for market but faces regulatory challenges. If the European ban on gasoline and diesel engines takes effect in 2035, the system may only be viable if exemptions for e-fuels are granted.

The Engine That Could Revolutionize Electric Vehicles

R-PET Bottles