r-PET Packaging – Polymer prices: Upward trend continues due to higher feedstock costs 29-04-2024
r-PET Packaging
- 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
r-PET Packaging
| Polyestertime | |||
| ITEM | 22/04/2024 | 29/04/2024 | +/- |
| Bottle grade PET chips domestic market | 7,150 yuan/ton | 7,075 yuan/ton | -75 |
| Bottle grade PET chips export market | 905 $/ton | 900 $/ton | -5 |
| Filament grade Semidull chips domestic market | 6,900 yuan/ton | 6,850 yuan/ton | -50 |
| Filament grade Bright chips domestic market | 6,905 yuan/ton | 6,870 yuan/ton | -35 |
| Pure Terephthalic Acid PTA domestic market
r-PET Packaging |
5,935 yuan/ton | 5,925 yuan/ton |
-10 |
| Pure Terephthalic Acid PTA export market | 735 $/ton | 735 $/ton | – |
| Monoethyleneglycol MEG domestic market | 4,445 yuan/ton | 4,335 yuan/ton |
-110 |
| Monoethyleneglycol MEG export market | 518 $/ton | 508 $/ton | -10 |
| Paraxylene PX FOB Taiwan market | 1,057 $/ton | 1,040 $/ton |
-17 |
| Paraxylene PX FOB Korea market | 1,035 $/ton | 1,018 $/ton | -17 |
| Paraxylene PX FOB EU market | 1,160 $/7on | 1,140 $/ton | -20 |
| Polyester filament POY 150D/48F domestic market | 7,625 yuan/ton | 7,525 yuan/ton |
-100 |
| Recycled Polyester filament POY domestic market | 7,500 yuan/ton | 7,550 yuan/ton | +50 |
| Polyester filament DTY 150D/48 F domestic market | 9,075 yuan/ton | 9,025 yuan/ton | -50 |
| Polyester filament FDY 68D24F | 8,900 yuan/ton | 8,850 yuan/ton | -50 |
| Polyester filament FDY 150D/96F domestic market
r-PET Packaging |
8,200 yuan/ton | 8,125 yuan/ton | -75 |
| Polyester staple fiber 1.4D 38mm domestic market | 7,470 yuan/ton | 7,470 yuan/ton | – |
| Caprolactam CPL domestic market | 12,900 yuan/ton | 12,700 yuan/ton |
-200 |
| Caprolactam CPL overseas market | 1,620 $/ton | 1,620 $/ton | – |
| Nylon 6 chips overseas market | 1,910 $/ton | 1,890 $/ton | -20 |
| Nylon 6 chips conventional spinning domestic market | 14,375 yuan/ton | 14,150 yuan/ton | -225 |
| Nylon 6 chips high speed spinning domestic market | 14,700 yuan/ton | 14,350 yuan/ton | -350 |
| Nylon 6.6 chips domestic market
r-PET Packaging |
21,900 yuan/ton | 21,800 yuan/ton | -100 |
| Nylon6 Filament POY 86D/24F domestic market | 16,850 yuan/ton | 16,600 yuan/ton | -250 |
| Nylon6 Filament DTY 70D/24F domestic market | 19,150 yuan/ton | 18,900 yuan/ton- | -250 |
| Nylon6 Filament FDY 70D/24F | 17,900 yuan/ton | 17,900 yuan/ton | – |
| Spandex 20D domestic marke | 33,500 yuan/ton | 33,500 yuan/ton | – |
| Spandex 30D domestic market | 32,000 yuan/ton | 32,000 yuan/ton | – |
| Spandex 40D domestic market | 29,000 yuan/ton | 29,000 yuan/ton | – |
| Adipic Acid domestic market
r-PET Packaging |
9,600 yuan/ton | 9,600 yuan/ton | – |
| Benzene domestic market | 8,920 yuan/ton | 8,760 yuan/ton | -160 |
| Benzene overseas market | 1,066 $/ton | 1,062 $/ton | -4 |
| Ethylene South East market | 1,010 $/ton | 1,010 $/ton | – |
| Ethylene NWE market CIF | 827 $/ton | 841 $/ton | +14 |
| Acrylonitrile ACN domestic market | 10,600 yuan/ton | 10,600 yuan/ton | – |
| Acrylonitrile ACN overseas market | 1,200 $/ton | 1,200 $/ton | – |
| Acrylic staple fiber ASF domestic market
r-PET Packaging |
14,600 yuan/ton | 14,600 yuan/ton | – |
| Viscose Staple Fiber VSF domestic market | 13,000 yuan/ton | 13,000 yuan/ton | – |
| PP Powder domestic market | 7,250 yuan/ton | 7,230 yuan/ton | -20 |
| Naphtha overseas market | 698 $/ton | 710 $/ton | +12 |
| Phenol domestic market | 7,800 yuan/ton | 8,177 yuan/ton | +377 |
r-PET high end eco-friendly chips =8,300 yuan/ton — 8,300 yuan/ton –
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r-PET Packaging
Russian polymer and rubber producer Sibur supports the extended producer responsibility (EPR) mechanism, which aims to enhance circular economy efforts, according to Chinadaily
This initiative will structure waste management better and increase the use of recycled materials in Sibur’s manufacturing processes.
Sibur’s PolyLab Research and Development Center has been instrumental in creating sustainable polymers, integrating up to 90% recycled materials. r-PET Packaging
Already, the center has introduced over 10 products and is developing an additional 50.
In collaboration with China’s Sinopec, Sibur is also constructing the Amur Gas Chemical Complex, which will focus on polypropylene and polyethylene production. r-PET Packaging
Both China and Russia, as part of the Global Coalition for Plastics Sustainability, are proactive in addressing plastic waste via recycling and proper disposal methods.
They are sending delegates to the upcoming session of the Intergovernmental Negotiating Committee (INC) in Ottawa, which aims to formulate a globally binding treaty on plastic pollution. r-PET Packaging
In Russia, a new law enacted in January enhances the EPR mechanism, mandating manufacturers to gradually increase their recycling rates, achieving 100% by 2027. Alternatively, companies may opt to pay an environmental levy. This legislation intends to decrease non-recyclable plastic usage, reduce landfill volumes, and fund new recycling facilities.
Polymer prices: Upward trend continues due to higher feedstock costs
Over the past two months, thermoplastic prices in Western Europe have experienced a steady increase, largely influenced by rising feedstock costs.
Specifically, in March, the prices for L/LDPE (Linear Low-Density Polyethylene) saw an increase ranging from €70 to €80 per tonne. Concurrently, HDPE (High-Density Polyethylene) prices also went up by €50 to €60 per tonne.
These increments in thermoplastic prices have more than compensated for the €30 per tonne increase in the ethylene reference price.
