Industry News
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Inventory continued to accumulate, PVC suffered a wide range of losses.
Recently, the domestic ex-factory price of PVC has fallen sharply, the profit of integrated PVC is meager, and the profit of two tons of enterprises has been significantly reduced. As of the new week of July 8, domestic companies received fewer export orders, and some companies had no transactions and fewer inquiries. Tianjin Port’s estimated FOB is US$900, the export income is US$6,670, and the cost of ex-factory transportation to Tianjin Port is about 6,680 US dollars. Domestic panic and rapid price changes. In order to reduce the sales pressure, exports are expected to be still in progress, and the pace of purchasing has slowed down overseas. -
China’s PVC pure powder exports remain high in May .
According to the latest customs statistics, in May 2022, my country’s PVC pure powder imports were 22,100 tons, an increase of 5.8% year-on-year; in May 2022, my country’s PVC pure powder exports were 266,000 tons, an increase of 23.0% year-on-year. From January to May 2022, the cumulative domestic import of PVC pure powder was 120,300 tons, a decrease of 17.8% compared with the same period last year; the domestic cumulative export of PVC pure powder was 1.0189 million tons, an increase of 4.8% compared with the same period last year. With the gradual decline of the domestic PVC market from a high level, China’s PVC export quotations are relatively competitive. -
Analysis of China’s paste resin import and export data from January to May
From January to May 2022, my country imported a total of 31,700 tons of paste resin, a decrease of 26.05% compared with the same period last year. From January to May, China exported a total of 36,700 tons of paste resin, an increase of 58.91% compared with the same period last year. The analysis believes that the oversupply in the market has led to the continuous decline of the market, and the cost advantage in foreign trade has become prominent. Paste resin manufacturers are also actively seeking exports to ease the supply and demand relationship in the domestic market. The monthly export volume has reached a peak in recent years. -
PLA porous microneedles: rapid detection of covid-19 antibody without blood samples
Japanese researchers have developed a new antibody based method for rapid and reliable detection of novel coronavirus without the need for blood samples. The research results were recently published in the journal Science report. The ineffective identification of people infected with covid-19 has seriously limited the global response to COVID-19, which is exacerbated by the high asymptomatic infection rate (16% – 38%). So far, the main test method is to collect samples by wiping the nose and throat. However, the application of this method is limited by its long detection time (4-6 hours), high cost and the requirements for professional equipment and medical personnel, especially in countries with limited resources. After proving that interstitial fluid may be suitable for antibody... -
Weekly social inventory accumulated slightly. According to market news, petkim is located in Turkey, with 157000 T / a PVC plant parking
PVC main contract fell yesterday. The opening price of v09 contract was 7200, the closing price was 6996, the highest price was 7217, and the lowest price was 6932, down 3.64%. The position was 586100 hands, and the position was increased by 25100 hands. The basis is maintained, and the basis quotation of East China type 5 PVC is v09+ 80~140. The focus of spot quotation moved down, with the carbide method falling by 180-200 yuan / ton and the ethylene method falling by 0-50 yuan / ton. At present, the transaction price of the mainstream one port in East China is 7120 yuan / ton. Yesterday, the overall transaction market was normal and weak, with traders’ transactions 19.56% lower than the daily average volume and 6.45% weaker month on month. Weekly social inventory increased sligh... -
Maoming Petrochemical Company fire, PP/PE unit shutdown!
At about 12:45 on June 8, a spherical tank pump of Maoming Petrochemical and chemical division leaked, causing the intermediate tank of aromatics unit of ethylene cracking unit to catch fire. The leaders of Maoming municipal government, emergency, fire protection and high tech Zone departments and Maoming Petrochemical Company have arrived at the scene for disposal. At present, the fire has been under control. It is understood that the fault involves 2# cracking unit. At present, 250000 T / a 2# LDPE unit has been shut down, and the start-up time is to be determined. Polyethylene grades: 2426h, 2426k, 2520d, etc. Temporary shutdown of 2# polypropylene unit of 300000 tons / year and 3# polypropylene unit of 200000 tons / year. Polypropylene related brands: ht9025nx, f4908, K8003, k7227, ... -
EU: mandatory use of recycled materials, recycled PP soaring!
According to icis It is observed that market participants often lack sufficient collection and sorting capacity to meet their ambitious sustainable development goals, which is particularly prominent in the packaging industry, which is also the biggest bottleneck faced by polymer recycling. At present, the sources of raw materials and waste packages of three major recycled polymers, recycled PET (RPET), recycled polyethylene (R-PE) and recycled polypropylene (r-pp), are limited to a certain extent. In addition to energy and transportation costs, the shortage and high price of waste packages have driven the value of renewable polyolefins to a record high in Europe, resulting in an increasingly serious disconnect between the prices of new polyolefin materials and renewable polyolefins, whi... -
Polylactic acid has achieved remarkable results in desertification control!
In chaogewenduer Town, wulatehou banner, Bayannaoer City, Inner Mongolia, aiming at the problems of serious wind erosion of the exposed wound surface of the degraded grassland, barren soil and slow plant recovery, researchers have developed a rapid recovery technology of degraded vegetation induced by microbial organic mixture. This technology uses nitrogen fixing bacteria, cellulose decomposing microorganisms and straw fermentation to produce organic mixture, Spraying the mixture in the vegetation restoration area to induce the formation of soil crust can make the sand fixing plant species of the exposed wound of the degraded grassland settle down, so as to realize the rapid repair of the degraded ecosystem. This new technology is derived from the national key research and development ... -
Implemented in December! Canada issues the strongest “plastic ban” regulation!
Steven Guilbeault, the Federal Minister of environment and climate change, and Jean Yves Duclos, the Minister of health, jointly announced that the plastics targeted by the plastic ban include shopping bags, tableware, catering containers, ring portable packaging, mixing rods and most straws. From the end of 2022, Canada officially banned companies from importing or producing plastic bags and takeout boxes; From the end of 2023, these plastic products will no longer be sold in China; By the end of 2025, not only will it not be produced or imported, but all these plastic products in Canada will not be exported to other places! Canada’s goal is to achieve “Zero plastic entering landfills, beaches, rivers, wetlands and forests” by 2030, so that plastic can disappear from ... -
Synthetic resin: the demand for PE is declining and demand for PP is growing steadily
In 2021, the production capacity will increase by 20.9% to 28.36 million tons / year; The output increased by 16.3% year-on-year to 23.287 million tons; Due to the large number of new units put into operation, the unit operating rate decreased by 3.2% to 82.1%; The supply gap decreased by 23% year-on-year to 14.08 million tons. It is estimated that in 2022, China’s PE production capacity will increase by 4.05 million tons / year to 32.41 million tons / year, an increase of 14.3%. Limited by the impact of plastic order, the growth rate of domestic PE demand will decline. In the next few years, there will still be a large number of new proposed projects, facing the pressure of structural surplus. In 2021, the production capacity will increase by 11.6% to 32.16 million tons / year; T... -
China’s PP export volume fell sharply in the first quarter!
According to the data of the State Customs, the total export volume of polypropylene in China in the first quarter of 2022 was 268700 tons, a decrease of about 10.30% compared with the fourth quarter of last year, and a decrease of about 21.62% compared with the first quarter of last year, a sharp decline compared with the same period of last year. In the first quarter, the total export volume reached US $407million, and the average export price was about US $1514.41/t, a month on month decrease of US $49.03/t. The main export price range remained between us $1000-1600 / T. In the first quarter of last year, the extreme cold and epidemic situation in the United States led to the tightening of polypropylene supply in the United States and Europe. There was a demand gap overseas, resultin... -
A PVC reactor of the Middle East petrochemical giant exploded!
Petkim, a Turkish petrochemical giant, announced that on the evening of June 19, 2022, an explosion occurred at the Aliaga plant where is located in 50 kilometers north of lzmir. According to the company, the accident occurred in the PVC reactor of the factory, no one was injured, and the fire was quickly controlled, but the PVC device was temporarily offline due to the accident. According to local analysts, the event may have a great impact on the European PVC spot market. It is reported that because the PVC price in China is far lower than that of Turkey, and on the other hand, the PVC spot price in Europe is higher than that of Turkey, most of petkim’s PVC products are exported to the European market.