Industry News
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August polypropylene prices rose in September season can come as scheduled
The polypropylene market fluctuated upward in August. At the beginning of the month, the trend of polypropylene futures was volatile, and the spot price was sorted out within the range. The supply of pre-repair equipment has resumed operation successively, but at the same time, a small number of new small repairs have appeared, and the overall load of the device has increased; Although a new device successfully completed the test in mid-October, there is no qualified product output at present, and the supply pressure on the site is suspended; In addition, the main contract of PP changed month, so that the industry’s expectations of the future market increased, the release of market capital news, boosted the PP futures, formed a favorable support for the spot market, and the petroc... -
Plastic products industry profits continue to improve polyolefin prices move forward
According to the National Bureau of Statistics, in June 2023, the national industrial producer prices fell by 5.4% year-on-year and 0.8% month-on-month. The purchasing prices of industrial producers decreased by 6.5% year-on-year and 1.1% month-on-month. In the first half of this year, the prices of industrial producers went down by 3.1% compared with the same period last year, and the purchasing prices of industrial producers went down by 3.0%, of which the prices of raw materials industry went down by 6.6%, the prices of processing industry went down by 3.4%, the prices of chemical raw materials and chemical products manufacturing industry went down by 9.4%, and the prices of rubber and plastic products industry went down by 3.4%. From the big point of view, the price of the processin... -
What are the highlights of polyethylene’s weak performance in the first half of the year and the market in the second half?
In the first half of 2023, international crude oil prices first rose, then fell, and then fluctuated. At the beginning of the year, due to the high crude oil prices, the production profits of petrochemical enterprises were still mostly negative, and domestic petrochemical production units remained mainly at low loads. As the center of gravity of crude oil prices slowly moves downwards, the domestic device load has increased. Entering the second quarter, the season of concentrated maintenance of domestic polyethylene devices has arrived, and the maintenance of domestic polyethylene devices has gradually started. Especially in June, the concentration of maintenance devices led to a decrease in domestic supply, and the market performance has improved due to this support. In the seco... -
Continuous decline in polyethylene high pressure and subsequent partial reduction in supply
In 2023, the domestic high-pressure market will weaken and decline. For example, ordinary film material 2426H in the North China market will decline from 9000 yuan/ton at the beginning of the year to 8050 yuan/ton at the end of May, with a decline of 10.56%. For example, 7042 in the North China market will decline from 8300 yuan/ton at the beginning of the year to 7800 yuan/ton at the end of May, with a decline of 6.02%. The high-pressure decline is significantly higher than linear. As of the end of May, the price difference between high-pressure and linear has narrowed to the narrowest in the past two years, with a price difference of 250 yuan/ton. The continuous decline in high-pressure prices is mainly affected by the background of weak demand, high social inventory, and an in... -
What chemicals have China exported to Thailand?
The development of the Southeast Asian chemical market is based on a large consumer group, low-cost labor, and loose policies. Some people in the industry say that the current chemical market environment in Southeast Asia is very similar to that of China in the 1990s. With the experience of rapid development of China’s chemical industry, the development trend of the Southeast Asian market has become increasingly clear. So, there are many forward-looking enterprises actively expanding the Southeast Asian chemical industry, such as the epoxy propane industry chain and propylene industry chain, and increasing their investment in the Vietnamese market. (1) Carbon black is the largest chemical exported from China to Thailand According to customs data statistics, the scale of carbon bla... -
Significant increase in domestic high-voltage production and narrowing of linear price difference
Since 2020, domestic polyethylene plants have entered a centralized expansion cycle, and the annual production capacity of domestic PE has rapidly increased, with an average annual growth rate of over 10%. The production of domestically produced polyethylene has rapidly increased, with severe product homogenization and fierce competition in the polyethylene market. Although the demand for polyethylene has also shown a growth trend in recent years, the demand growth has not been as fast as the supply growth rate. From 2017 to 2020, the new production capacity of domestic polyethylene mainly focused on low-voltage and linear varieties, and there were no high-voltage devices put into operation in China, resulting in a strong performance in the high-voltage market. In 2020, as the price dif... -
Futures: maintain range fluctuations, organize and follow the guidance of news surface
On May 16th, the Liansu L2309 contract opened at 7748, with a minimum price of 7728, a maximum price of 7805, and a closing price of 7752. Compared to the previous trading day, it increased by 23 or 0.30%, with a settlement price of 7766 and a closing price of 7729. The 2309 range of Liansu fluctuated, with a small reduction in positions and a closing of the positive line. The trend was suppressed above the MA5 moving average, and the green bar below the MACD indicator decreased; From the perspective of the BOLL indicator, the K-line entity deviates from the lower track and the center of gravity shifts upwards, while the KDJ indicator has a long signal formation expectation. There is still a possibility of an upward trend in short-term continuous molding, waiting for guidance from the n... -
What Are the Different Types of Polyethylene?
Polyethylene is commonly categorized into one of several major compounds, the most common of which include LDPE, LLDPE, HDPE, and Ultrahigh Molecular Weight Polypropylene. Other variants include Medium Density Polyethylene (MDPE), Ultra-low-molecular-weight polyethylene (ULMWPE or PE-WAX), High-molecular-weight polyethylene (HMWPE), High-density cross-linked polyethylene (HDXLPE), Cross-linked polyethylene (PEX or XLPE), Very-low-density polyethylene (VLDPE), and Chlorinated polyethylene (CPE). Low-Density Polyethylene (LDPE) is a very flexible material with unique flow properties that makes it particularly suitable for shopping bags and other plastic film applications. LDPE has high ductility but low tensile strength, which is evident in the real world by its propensity to stretch whe... -
This year’s titanium dioxide production capacity will break 6 million tons!
From March 30th to April 1st, the 2022 National Titanium Dioxide Industry Annual Conference was held in Chongqing. It was learned from the meeting that the output and production capacity of titanium dioxide will continue to grow in 2022, and the concentration of production capacity will further increase; at the same time, the scale of existing manufacturers will further expand and investment projects outside the industry will increase, which will lead to a shortage of titanium ore supply. In addition, with the rise of the new energy battery material industry, the construction or preparation of a large number of iron phosphate or lithium iron phosphate projects will lead to a surge in titanium dioxide production capacity and intensify the contradiction between supply and demand of titani... -
What Is Biaxially Oriented Polypropylene Overwrap Film?
Biaxially oriented polypropylene (BOPP) film is a type of flexible packaging film. Biaxially oriented polypropylene overwrap film is stretched in machine and transverse directions. This results in a molecular chain orientation in both directions. This type of flexible packaging film is created via a tubular production process. A tube-shaped film bubble is inflated and heated to its softening point (this is different from the melting point) and is stretched with machinery. The film stretches between 300% – 400%. Alternatively, the film can also be stretched by a process known as tenter-frame film manufacturing. With this technique, the polymers are extruded onto a cooled cast roll (also known as a base sheet) and drawn along the machine direction. Tenter-frame film manufacturing us... -
The export volume increased significantly from January to February 2023.
According to customs data statistics: from January to February 2023, the domestic PE export volume is 112,400 tons, including 36,400 tons of HDPE, 56,900 tons of LDPE, and 19,100 tons of LLDPE. From January to February, the domestic PE export volume increased by 59,500 tons compared with the same period in 2022, an increase of 112.48%. From the above chart, we can see that the export volume from January to February has increased significantly compared with the same period in 2022. In terms of months, the export volume in January 2023 increased by 16,600 tons compared with the same period last year, and the export volume in February increased by 40,900 tons compared with the same period last year; in terms of varieties, the export volume of LDPE (January-February) was 36,400 tons , a ye... -
The main applications of PVC .
1. PVC profiles PVC Profiles and profiles are the largest areas of PVC consumption in China, accounting for about 25% of the total PVC consumption. They are mainly used to make doors and windows and energy-saving materials, and their application volume is still increasing significantly nationwide. In developed countries, the market share of plastic doors and windows also ranks first, such as 50% in Germany, 56% in France, and 45% in the United States. 2. PVC pipe Among the many PVC products, PVC pipes are the second largest consumption field, accounting for about 20% of its consumption. In China, PVC pipes are developed earlier than PE pipes and PP pipes, with many varieties, excellent performance and wide application range, occupying an important position in the market. 3. PVC film...