Rubber Plastic News

Petrochemical price adjustment is mixed, comprehensive cost support is mixed Taking Sinopec East China PP products as an example, since October, the ex-factory price of drawing materials has generally fallen, ranging from 200-400 yuan / ton, while the copolymer material is on the contrary, generally increasing by 50-400 yuan / ton.

For direct emissions from production (scope 1) and energy sources (scope 2), LANXESS already set three years ago the goal of becoming climate neutral by 2040 .

Huntsman Polyurethanes employees and customers recently gathered in Geismar, Louisiana, to celebrate the safe completion of the company's new MDI separator . Chairman, President and CEO Peter Huntsman

(The picture comes from the official website of Allianz Auto Parts)Seat frame for the 2022 Toyota Tundra Seat frame for the 2022 Toyota Tundra . (The picture comes from the official website of Allianz Auto Parts)Seat frame for the 2022 Toyota Tundra Seat frame for the 2022 Toyota Tundra .

Ocean plastic has always been a global issue, what are the latest developments at home and abroad?Technological innovation accelerates the development of a circular economyTechnological innovation accelerates the development of a circular economyIn 2019, Dell announced its ESG (environmental, social and governance) goals to 2030 .

Since August, the EVA market has opened an upward channel, and the increase in September has continued to increase. It can be said that one price per day is rising every day. As of now, China Plastic

On the one hand, the company's local advantages still exist, and on the other hand, it provides a large number of new high-quality products and solutions, which will help the company to further develop Open up other market segments ," emphasizes Markus Fritzsche, CEO of MIPA Group .

Potential supply is expected to grow, and a later rally can still be expectedAlthough the price of crude oil has not yet shaken off the downward trend, many analysts still maintain a certain degree of confidence in the recovery of the global economy and the release of liquidity.

65 billion, with the deal expected to close in late 2022 or early 2023 On Aug. 1, oil major Saudi Aramco announced it had reached an agreement to buy Valvoline's global products unit for $2.

ABS price trend in China Plastics City As the downstream factories are still in the stage of increasing production capacity and demand has not yet fully recovered, the general trading atmosphere in the ABS spot market is light .

The inventory consumption of "two oils" is slow, and it is inevitable to reduce the market outlook Recently, the consumption of "two oil" resources has been slow, and frequent reduction measures have been introduced, which significantly inhibited the support of spot costs .

21USD/Barrelpure benzeneFOB Korea4064199USD/tonEast China Market3320-33403400-348080/140Yuan / tonphenolEast China Market5450-54505750-5800300/350Yuan / tonCyclohexanoneShandong ex-factory price5500-57505750-5800250/50Yuan / tonEast China Market6000-61006150-6250150/150Yuan / toncaprolactamEast China liquid spot9000-91009400-9500400/400Yuan / tonEast China Solid Spot9200-94009600-9600400/200Yuan / tonProducts on September 29th and October 15th Remarks Crude oil WTI40.

Domestically, new local confirmed cases appeared in Beijing in mid-June, which shows that the epidemic prevention and control war is far from over, and there is a risk of being bitten back if you are not careful; and the situation abroad is even less optimistic, and a second outbreak may have been ignited Among them, the United States, Brazil and India are particularly serious .

Let's follow the editor to briefly look at one of the general-purpose plastics, the general situation of the PVC market in October:The price trend chart of PVC market in various places in OctoberUpstream raw materials: ethylene monomer, ethylene supply in Asia is sufficient, buying intention is sluggish, and it will maintain a stalemate in the short term .

Data analysis of ABS provinces/producing and selling countries in August 2019 From the import data of various provinces, we can see that East China and South China are still the main import areas in China, accounting for more than 90% of the total import volume in August .

In the first half of 2020, the theoretical average profit level of domestic ABS petrochemical manufacturers was about 3,000-4,000 yuan/ton, making history again, showing the market's super toughness.

Coupled with the continuous speculation of futures, the spot market prices have continued to rise, and the overall trading situation has improved significantly Beginning in the second quarter, due to the advent of the maintenance season, the market supply has decreased, and petrochemical companies have continued to increase their ex-factory prices.

The intention to stabilize the price is strong, which is expected to form a certain support for the spot market Petrochemical inventory: Recently, the consumption rate of "two barrels of oil" inventory has slowed down, but the overall storage space is still at a moderately low level.

Origin/ManufacturergradeOctober 9October 29ups and downsBeijing OrganicY202213500163002800Y204513500163002800BASF YangtzeV5110J13400153001900V5210J13400153001900V4110J13400154002000V6110M137001550018006110MC13750155501800Lianhong New MaterialsUL0062813600150001400UL0042813800152001400Ningbo Formosa Plastics7470M144001620018007760H144001620018007470K14500163501850Jiangsu 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iangsu Sierbang UE63913600154001800 Jiangsu Sierbang UE63913600154001800V6020M13600154001800V6020M13600154001800Table 3: The price change of EVA petrochemical enterprises in October (unit: yuan/ton)Three: supply and demand perspective:The supply data of EVA gives people a relatively healthy illusion: from January to September 2020, the domestic production of EVA was 529,600 tons, down 4.

Sinopec Mitsubishi6The installation is currently parked in one lineLuxi Chemical20Unit runs smoothlyenterpriseCapacityDevice dynamicsCovestro45Unit runs smoothlyJiaxing Emperor15Unit runs smoothlyShanghai Mitsubishi10Unit runs smoothlyZhejiang Railway Gale10It was shut down for maintenance on February 16, and it is planned to be repaired until March 8 .