Recycled 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 7000-7100yuan/mt. in Sichuan & Chongqing, the blue white flake for medium-grade re-PSF was traded at 6200-6300yuan/mt. In view of traditional peak season, some recycled bottle flake suppliers adopted bullish attitude on future
Market Update
- NYMEX: US gas futures lower despite tighter balances
- USITC determination on fatty acids from Indonesia, Malaysia likely to raise costs, further tighten US markets
- India announces green ammonia deals, aims to cut imports
- China’s export halt marks potential shift in ammonia price trend
- LNG charter rates fairly stable but Pacific premium eroding
- Plant status: China's Tianjin Bohua Yongli cuts acetic acid run rate to 40%
- Update to ICIS Topics: US-Iran conflict - impact on chemicals and energy
- Plant status: Thailand’s TPI Polene cuts EVA output in Apr; duration uncertain
- ICIS GRAPHIC: How Asian countries responded to energy shortage in March
- ICIS GRAPHIC: How Asian countries responded to energy shortage in March
