Qingdao Lidong to close PX unit
Qingdao Lidong Chemical plans to close 700,000 tonne/year paraxylene unit in early October for 45-days turnaround. The capacity will be expanded to 1 million tons after the debottlenecking.
Read MoreSichuan Shengda to start PTA production in 2014
Sichuan Shengda New Materials Co., Ltd. plans to start commercial run of its 1 million mt/yr PTA unit in 2014. Meanwhile, Shengda plans to build supporting polyester units with a capacity of 300-500kta in 2014-2015, producing PET bottle chips and film chips.
Read MorePET bottle chip market weekly
In export market, bottle chip FOB prices continued to move up pushed by strong feedstock. But overseas orders decreased somewhat and profit margins were narrowed with prices increased. Till Friday, mainstream offers have climbed up to 1440yuan/mt versus talked level at $1430/mt FOB L/C at sight. Some bids heard from downstream were seen around $1400/mt […]
Read MoreRecycled bottle flakes market weekly
Owing to firm cost, recycled bottle flake market kept stable this week. Domestic clean white flake for close virgin PSF was traded at 6900-7000yuan/mt (pre-tax) in Zhejiang, for HC re-PSF at 6900-7000yuan/mt and for re-PFY at 7100yuan/mt. In Jiangsu, the clean white flake for close virgin PSF was traded at 6900-7000yuan/mt and for re-PFY at […]
Read MoreRecycled polyester stable fiber market weekly
Market roundup: This week, hollow conjugated re-PSF market kept soft. Owing to weak demand and high inventory, low-price cargoes emerged in Zhejiang, Jiangsu and Shandong. Its ruling price also slipped by 100yuan/mt. Its price was pegged at 9200-9500yuan/mt (siliconized, with tax) in Zhejiang, 9100-9300yuan/mt (with tax) in Jiangsu, and 8500-9000yuan/mt (pre-tax) in Guangdong. Meanwhile, hollow […]
Read MoreRecycled polyester filament yarn market weekly
This week, recycled PFY market maintained stable. Its inventory averaged 11 days and operating rate ran 74%. The prevailing price in Jiangsu & Zhejiang kept stable. Semi-dull POY150D was pegged at 9100yuan/mt. Hangzhou Huaerli stabilized POY75D at 9400yuan/mt, 100D at 9200yuan/mt and 150D at 9100yuan/tm. Cixi Santai stabilized re-PFY offer a t 9150yuan/mt for semi-dull […]
Read MorePolyester staple fiber market weekly
Market Roundup Direct-spun PSF sale was slack at early week and discounts were available in trading. On Wednesday, direct-spun PSF market gradually stabilized. On Thursday, as PX contract price settled high, PTA futures and MEG hiked largely. Spurred by it, direct-spun PSF sale improved and some PSF plants lifted offer up. On Friday, spurred by […]
Read MorePET fiber chip market weekly
PET fiber chip spot prices fluctuated up this week amid high cost. Semi-dull chips prices climbed up by 150yuan/mt to 9500yuan/mt by cash while bright chip prices edged up by 150yuan/mt to 9600yuan/mt by cash. In the first half week, PTA futures kept shivering narrowly and PFY sales ratios were sluggish. Although fiber chip plants […]
Read MorePolyester industrial yarn market weekly
Spot market:Polyester industrial yarn spot prices edged up by 200-300yuan/mt this week amid higher cost. High-tenacity 1000D was traded at 13000-13300yuan/mt while low shrinkage ones were traded at 13300-13700yuan/mt 180 days payment, delivered. Aug contract prices were nominated at 13700yuan/mt for high-tenacity 1000D, 14300yuan/mt for low shrinkage ones and $1930/mt FOB for export ones.
Read MorePolyester Staple Fiber
POLYESTER STAPLE FIBER Qingdao Hyosung is one of the largest global producers and trader of synthetic fibers in both staple and continuous tow form. The product range includes first grade fibers for hi-tech applications and environmentally friendly fibers produced from post-industrial and post-consumer waste materials. All fibers are available in semi dull, bright and black […]
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Market Update
- Plant status: S Korea’s Hanwha VCM unit operating rates lowered since early April
- Taiwan’s CPC Corp awards toluene June export tender
- Asia ramps up acetic acid trades amid US tariff moves
- Plant status: Japan’s Keiyo Monomer VCM unit shut due to fire
- H&M subsidiary signs MoU with Vietnam to build textile recycling plant
- Plant status: Japan’s Keiyo Monomer EDC unit to remain shut through May
- East China DEG inventories edge up on more arrivals
- INSIGHT: Trade tensions to hasten Canadian low carbon ammonia exports to Asia, hitting prospects of US projects
- Asia fatty alcohols market stays tight on Malaysia gas supply disruption
- China mulls tariff exemptions for US ethane, PE