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"Science Advances" Study: Filler Defects Can Increase Polymer Thermal Conductivity by 160%
In the pursuit of designing new lightweight, flexible, and efficient heat dissipating materials for modern devices, the research team led by the University of Massachusetts Amherst has made a groundbreaking discovery: defects can also create advantages. This research, published in "Science Advances," demonstrates through experiments and theory that polymer composite materials with defective thermal conductive fillers can increase thermal conductivity by 160% compared to similar materials using perfect fillers, completely overturning the traditional perception that "defects must damage performance." Key breakthroughs Disruptive discovery: Defective graphene oxide filler (thermal conductivity only 66.29 W/mK) incorporated into polymer outperforms perfect graphite filler (292.55 W/mK) by 160% Mechanism Innovation: The formation of defects on rough surfaces enhances the vibrational coupling at the polymer/filler interface, reducing thermal contact resistance. Application potential: Opens new pathways for developing ultra-high thermal conductivity polymers, which can solve the heat dissipation problems of devices such as microchips, flexible electronics, and soft robots. Traditional Dilemma: The Limitations of Perfect Packing Materials Polymers, with their lightweight, insulating, and flexible properties, have become core materials in modern technology. However, their **inherently low thermal conductivity (0.1-0.5 W/mK)** has led to serious overheating issues in devices. The academic community has long sought to enhance thermal conductivity by incorporating metal, ceramic, or carbon-based fillers, but the actual results have fallen far short of theoretical predictions. Diamond filler case: Theoretical thermal conductivity should reach 800 W/mK with a 40% loading, but the actual value is only around 10 W/mK. Key limiting factors: filler agglomeration, interfacial contact thermal resistance, low thermal conductivity of polymer matrix Defect Engineering: Turning Disadvantages into Advantages The research team revealed through multi-scale experimental-theoretical approaches that defects play a positive role: Material Design Control group: 5% volume fraction of perfect graphite (292.55 W/mK) Experimental group: 5% volume fraction of defective graphene oxide (66.29 W/mK) Disruptive Outcome The thermal conductivity of polymer composites with defective fillers is significantly higher. Mechanism Analysis: ▶️ Defects causing rough surfaces prevent polymer chains from packing tightly ▶️ Enhanced interfacial vibrational coupling (improved phonon matching) ▶️ Construction of efficient heat flow channels, reducing interfacial thermal resistance Technical Validation System The study employs a four-in-one cross-validation method. Thermal Transport Measurement: Precise Quantification of Material Performance Enhancement Neutron Scattering: Resolving Atomic Scale Vibrational Modes Quantum Mechanics Modeling: Revealing Electron-Level Interactions Molecular Dynamics Simulation: Tracing the Path of Heat Energy Transfer Application Prospects and Significance This discovery provides a novel approach for the design of functionalized polymers. Next-generation electronic devices: Addressing heat dissipation bottlenecks in 5G chips, Micro LED, and more Flexible electronics: Development of high thermal conductivity elastomers for wearable devices Energy Sector: Enhancing the Safety and Efficiency of Battery Thermal Management Systems Aerospace: Manufacturing Lightweight and Efficient Thermal Protection Materials Professor Yanfei Xu, the head of the research team, emphasized: "Defect engineering will become a crucial direction in future materials science. By precisely regulating interface properties, we have the potential to break through the theoretical limits of polymer thermal conductivity."
Plastic Trends -
Completely based on the recycling of post-industrial and post-consumer textile waste, BASF's first loopamid plant is commercialized.
On March 27, BASF announced the commissioning of the world's first commercial Loopamid plant. The production facility located at the Caojing site in Shanghai, China, has an annual capacity of 500 metric tons, marking an important step toward sustainable product supply in the textile industry. "The launch of this facility once again demonstrates BASF's innovative strength," said Dr. Stephan Kothrade, Member of the Board of Executive Directors and Chief Technology Officer of BASF. "As an integral part of our strategy, we use chemistry to develop solutions that address the biggest challenges of our time. Loopamid transforms textile waste into valuable resources, helping to conserve raw materials and close the loop in the textile cycle." Loopamid is a recycled polyamide 6 entirely based on textile waste. The new production facility supports the textile industry's growing demand for sustainable polyamide 6 fibers. "I am proud of our team, who have worked with great enthusiasm and dedication to bring loopamid to commercialization," said Ramkumar Dhruva, President of BASF's Monomers business unit. "The technology behind loopamid allows for textile-to-textile recycling of polyamide 6 in various fabric blends, including those mixed with elastic fibers. I believe loopamid not only makes a significant contribution to the textile circular economy but also helps our customers achieve their sustainability goals." Factory and Loopamid product GRS certification The new Loopamid factory integrated into the Shanghai Caojing Polyamide-6 plant. The production quantities of both the factory and Loopamid are in accordance with the Global Recycle Standard (GRS). This certification assures consumers and textile manufacturers that Loopamid is made from recycled materials and that the production process meets specific environmental and social standards. Additionally, the first yarn manufacturers are successfully using Loopamid. Industrial and consumer textile waste As the foundation of loopamid To produce Loopamid in the new factory, BASF is currently utilizing industrial textile waste from the textile production process and will gradually increase the share of post-consumer waste. These materials include cut edges, defective cut edges, leftovers, and other production textile waste from the textile industry. These materials are collected and provided to BASF by customers and partners. Discarded clothing made from polyamide 6 and other textile products can also be used for Loopamid production. All these waste materials are difficult to recycle because they typically consist of mixtures of different fibers, materials, dyes, and additives. Furthermore, for post-consumer waste recycling, buttons, zippers, and accessories must be removed in advance. BASF collaborates closely with partners and customers to accelerate the development of collection and sorting systems. About Loopamid BASF has developed an innovative solution through Loopamid to enhance the circularity of the fashion industry and recycle polyamide 6 textile waste. Thanks to its ability to tolerate all fabric mixtures including PA6 and elastane fibers, the technology behind Loopamid allows for textile-to-textile recycling of both post-industrial and post-consumer textile waste. Fibers and materials can be recycled multiple times, while maintaining material properties equivalent to those of traditional virgin polyamides.
NTMT Textile New Materials -
Sudden! DuPont China Under Investigation
On April 4, the State Administration for Market Regulation of China announced that DuPont China Holding Co., Ltd. is being investigated for suspected violations of the Anti-Monopoly Law of the People's Republic of China. The market regulation authority has initiated a formal investigation against DuPont China Holding Co., Ltd. in accordance with the law. The specific reasons are still unknown, but against the backdrop of China's strong emphasis on foreign investment, the investigation into DuPont China may highlight China's determination to create a fairer market environment or have profound effects on the operating models of multinational companies in China. It is reported that DuPont established its office in Beijing in 1984 and set up its first wholly foreign-owned enterprise, DuPont China Group Limited, in Shenzhen in 1988, becoming the first wholly foreign-owned investment company approved by the Chinese government. It is reported that by 2025, DuPont will have more than 40 wholly-owned and joint ventures in China, covering the entire industrial chain from basic chemical materials to high-end automotive and electronic solutions. Some of the core brands mainly include: Kevlar®: para-aramid fiber, mainly used for protective equipment, industrial and technological applications, and sports equipment. Nomex®: meta-aramid fiber, whose needle-punched products are mainly used as high-temperature filtration materials and insulation materials; Tyvek®: A 100% high-density polyethylene nonwoven fabric produced using flash-spun technology, featuring waterproof, breathable, tear-resistant, and eco-friendly recyclable properties. It has a smooth surface suitable for printing and is used in medical, industrial, and active packaging applications. Cyrel®: Focused on flexographic printing solutions, especially optimized printing plates for UV-LED technology. Artistri®: Water-based digital printing inks covering textiles, packaging, and commercial printing; Corian®: artificial stone material; Tedlar®: Polyvinyl fluoride (PVF) film, used in photovoltaics, etc. MOLYKOTE®: Special Lubricating Oil; Liveo™: Silicone elastomers, silicone skin adhesives, transdermal adhesives and other silicone applications; Solamet®: Photovoltaic conductive paste However, in terms of popularity, apart from nylon and aramid, DuPont also has globally leading products such as Dupont™ Teflon (polytetrafluoroethylene), Riston™ (dry film photoresist technology), Kapton® (high-temperature resistant polyimide film), Pyralux® (polyimide flexible circuit materials), Kalrez® (perfluoroelastomer seals), and Delrin® homopolymer acetal. DuPont's base layout in China is centered around the Yangtze River Delta (Shanghai, Jiangsu, Zhejiang) and the Pearl River Delta (Guangdong), radiating nationwide. Among them, the most well-known is the DuPont Zhangjiagang base, located in the Yangtze River International Chemical Industrial Park of Zhangjiagang Free Trade Zone. The products include Zytel® nylon engineering plastics, Delrin® homopolymer formaldehyde resin, Hytrel® thermoplastic polyester, Multibase thermoplastic elastomer (TPE), lubricants, and special organic silicone materials. It has also established the Zhangjiagang adhesive integration project, with the main products being adhesives and related materials. BETAFORCE™ TC thermally conductive adhesive and BETATECH™ thermally conductive gap filler—supporting battery thermal management in hybrid and electric vehicles during charging and operation. (2) BETAFORCE™ Composite Adhesive - For Battery Sealing and Assembly; (3) BETAMATE™ Wide Bake Temperature Adhesive and Structural Adhesive – Used for automotive body structures and battery bonding, it enhances the vehicle's crash resistance and reduces the weight of the body structure. Adhesives play a pivotal role in the automotive industry. According to data from the China Adhesives and Tape Industry Association, the adhesive usage per vehicle in new energy vehicle power battery assembly (including PACK sealing, structural thermal conduction, structural bonding, BMS protection, cell bonding, battery potting, thread locking, and shell bonding) will reach approximately 5 kilograms. Additionally, automotive electronics (such as power inverters, control modules, displays, reverse radar systems, etc.) are another major application area for adhesives. Among these, thermal conductive adhesives are particularly important—the greater the computational demand, the higher the thermal conductivity requirements, and the more thermal conductive adhesive is used. In addition to being placed under investigation, on the same day, April 4th, the Tariff Policy Committee of the State Council issued an announcement to impose an additional 34% tariff on all imported goods originating from the United States, based on the existing applicable tariff rates. DuPont, which owns many market-leading products, will also be affected. In 2024, DuPont's total net sales were $12.386 billion (approximately 90.5 billion yuan), with the Greater China region accounting for 18% of the revenue. Given the importance of this market, how will DuPont China respond to the current crisis?
DT New Materials -
China hits back! Additional 34% tariff on all US imports, Ministry of Commerce and General Administration of Customs take action.
China's countermeasures are here! Today, in response to the US government's announcement of imposing "reciprocal tariffs" on Chinese goods imported to the US, China has issued countermeasures. The State Council's Tariff Commission announced that all imports originating from the United States will have an additional 34% tariff imposed on the current applicable tariff rates. In addition, the Ministry of Commerce and the General Administration of Customs have taken six coordinated actions, including adding 16 US entities to the export control management list, implementing export controls on medium and heavy rare earth items, suspending the import qualification of products from six US companies, adding 11 US companies to the unreliable entity list, initiating an investigation into the competitiveness of the import of medical CT tubes, and filing a lawsuit against the US "reciprocal tariffs" at the World Trade Organization. Impose an additional 34% tariff on all imported goods originating from the United States on top of the currently applicable tariff rates. On April 2, 2025, the US government announced that it would impose "reciprocal tariffs" on Chinese goods exported to the US. The US approach does not conform to international trade rules, seriously damages China's legitimate rights and interests, and is a typical unilateral bullying practice. In accordance with the Customs Law of the People's Republic of China, the Foreign Trade Law of the People's Republic of China, and other laws and regulations, as well as the basic principles of international law, with the approval of the State Council, the Tariff Committee of the State Council has decided to impose additional tariffs on imported goods originating from the United States starting from 12:01 a.m. on April 10, 2025. The relevant matters are as follows: 1. An additional 34% tariff will be imposed on all imported goods originating from the United States, based on the current applicable tariff rates. The current bonded and tax reduction/exemption policies remain unchanged, and the tariffs imposed this time will not be reduced or exempted. Goods that have been shipped from the place of departure before April 10, 2025, at 12:01 PM and imported between April 10, 2025, at 12:01 PM and May 13, 2025, at 11:59 PM will not be subject to the additional tariffs imposed by this announcement. Export controls on certain medium and heavy rare earth-related items Ministry of Commerce and General Administration of Customs Announcement No. 18 of 2025, announcing the decision to implement export controls on some medium and heavy rare earth-related items. A spokesperson for the Ministry of Commerce answered questions from journalists about the implementation of export controls on medium and heavy rare earth-related items, stating that in accordance with the "Export Control Law of the People's Republic of China" and other relevant laws and regulations, on April 4, the Ministry of Commerce, together with the General Administration of Customs, issued an announcement on the implementation of export control measures for 7 categories of medium and heavy rare earth-related items such as samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium, which will be formally implemented from the date of publication. The Ministry of Commerce has added Scideate Company and 11 other U.S. companies to the unreliable entity list. The Ministry of Commerce today (4th) announced the inclusion of 11 American companies, including Skydio, in the unreliable entity list work mechanism. In order to safeguard national sovereignty, security, and development interests, and in accordance with relevant laws such as the "Foreign Trade Law of the People's Republic of China," the "National Security Law of the People's Republic of China," and the "Anti-Foreign Sanctions Law of the People's Republic of China," the unreliable entity list work mechanism, based on Article 2, Article 8, and Article 10 of the "Regulations on Unreliable Entity List," has decided to include Skydio and other 10 entities in the unreliable entity list and implement the following measures: I. Prohibition of the aforementioned enterprises from engaging in import and export activities related to China; 2. Prohibit the aforementioned enterprises from making new investments within China. Any matters not addressed in this announcement shall be carried out in accordance with the provisions of the Unreliable Entity List. This announcement will be implemented from the date of publication. The 11 U.S. entities listed on the Unreliable Entity List 1. Skydio Inc. BRINC Drones, Inc. Red Six Solutions Company Senix Company (SYNEXXUS, Inc.) 5. Firestorm Labs, Inc. 6. Kratos Unmanned Aerial Systems, Inc. 7. Havoc Artificial Intelligence Company (HavocAI) 8. Neros Technologies 9. Domo Tactical Communications 10. Rapid Flight LLC 11. Insitu, Inc. General Administration of Customs: Suspends the export qualifications of six U.S. companies involved in the incident to China The General Administration of Customs today issued announcements No. 54 and No. 55, deciding to suspend the import qualification of sorghum from one U.S. related company, the import qualification of poultry meat and bone meal from three U.S. related companies, and the import qualification of poultry meat products from two U.S. related companies, in order to protect the health of Chinese consumers and ensure the safety of China's livestock production due to the inspection and quarantine issues of the related imported products. The Ministry of Commerce: 16 American entities are included in the export control management list. In order to safeguard national security and interests, and fulfill international obligations such as non-proliferation, according to the relevant provisions of the "Export Control Law of the People's Republic of China" and the "Regulations on the Export Control of Dual-Use Items and Technologies" and other laws and regulations, the Ministry of Commerce has announced a decision to include 16 American entities in the export control management list, prohibiting the export of dual-use items to them. These entities may engage in actions that endanger China's national security and interests, and no exporter may violate the above regulations. Ministry of Commerce Spokesperson's Response to Media Inquiry on the Initiation of an Industrial Competitiveness Investigation into Imported Medical CT Tubes Commerce Ministry spokesperson answers journalists' questions on industrial competitiveness investigation into imported medical CT tubes. A reporter asked: We have noticed that the Ministry of Commerce website issued an announcement to initiate an industrial competitiveness investigation on imported medical CT tube assemblies. Could you provide some information on the relevant situation? Answer: This investigation was the first industrial competitiveness investigation initiated by the Ministry of Commerce in response to an application from the domestic industry. According to Article 36 of the "Foreign Trade Law of the People's Republic of China," the Ministry of Commerce may conduct investigations into the impact of imports on the domestic industry and its competitiveness. The preliminary evidence submitted by the applicant shows that the Chinese medical CT tube industry started relatively late and is in the development stage. The domestic industry faces difficulties in operations due to the impact of imported products, and its competitiveness is adversely affected. Based on this, the applicant requests the Ministry of Commerce to investigate the impact of imports on the domestic industry and its competitiveness. I would like to emphasize that the industrial competitiveness survey is a factual investigation. This survey is not aimed at specific countries and regions, and it does not affect normal trade. The investigating authority will fully protect the rights of all interested parties and conduct the investigation objectively and fairly according to the law.
Financial sector -
Oysho collaborates with Fulgar to launch a sportswear collection made from recycled polyamide 66 yarn.
Inditex's sportswear and casual wear brand Oysho has partnered with Fulgar to launch a new line of environmentally friendly sportswear made from Q-Cycle yarn. This cooperation marks an important step towards sustainable development in sportswear. The series is made with Q-Cycle yarn, which is entirely produced from recycled raw materials.Polyamide66 yarn. This yarn is made from pyrolysis oil generated from waste or end-of-life tires, offering an eco-friendly alternative to virgin polyamide 66 without compromising on lightness, durability, or strength. Q-Cycle yarn has obtained certifications from leading international organizations, including the RCS and ISCC PLUS from Textile Exchange, LCA, and Oeko-TEX Standard 100 Appendix 6, ensuring sustainability and consumer safety. The material is versatile, suitable for various textile applications, and can be well blended with different fibers. Fulgar Marketing Manager Daniela Antunes stated, "Our collaboration with Oysho is a concrete step towards a greener future. With the Q-Cycle yarn, we are demonstrating that waste can be repurposed for high-performance textiles without compromising on quality or functionality."
Global Polyurethane Network -
【Overseas News】U.S. issues final ruling on epoxy resin anti-dumping and countervailing duties, Shell sells Singapore chemical assets, BASF launches new nylon product.
International News Digest:Raw Material News - Shell Completes Sale of Refining and Chemical Assets in SingaporeKorean KG Mobility Teams Up with Chery Automobile to Develop Mid-to-Large-Sized SUVPackaging News - 9 million tons of plastic pressure, Vietnam's 870 trillion beverage market faces green packaging transformation!Exhibition Highlights - The RePlast Eurasia Expo will be held in Turkey in May, gathering pioneering forces in the plastic recycling industry.Equipment News - Swiss Auto Injector Manufacturer Invests $220 Million to Build Factory, Entering the U.S. Auto Injection Equipment MarketMarket News - Brazilian Congress Plans to Draft Legislation to Counter Unilateral Trade ActionsMarket Price News - Ethylene Asia: CFR Northeast Asia $855/ton; CFR Southeast Asia $920/ton Here is the translated content:The following is an overview of international news:Shell completes sale of Singapore refining and petrochemical assetsOn April 1, Shell announced that it had completed the sale of its Singapore Energy and Chemicals Park to a joint venture formed by Glencore and Indonesian chemical manufacturer PT Chandra Asri Pacific. Specific financial details were not disclosed. Shell announced the transaction on May 8, 2024. The Singapore Energy and Chemicals Park includes refining and chemical assets located on Pulau Bukom and Jurong Island. The assets on Pulau Bukom include a refinery with a capacity of 237,000 barrels per day, which was established in 1961, and an ethylene cracker with an annual capacity of 1.1 million tons.2. BASF Launches New High-Temperature Nylon Product!Recently, BASF has further expanded its Ultramid® Advanced T1000 series products for durable components requiring special thermal management. This product series is developed based on polyamide 6T/6I resins, and the latest additions include optimized products with high hydrolysis resistance (HR) and high purity (EQ, or electronic grade). The newly developed HR and EQ grades exhibit excellent high strength and high rigidity at elevated temperatures, while also demonstrating outstanding creep resistance and good compatibility with coolants. Their overall performance significantly surpasses that of standard polyamide grades and many other PPA products available on the market.3. In May, the RePlast Eurasia Exhibition will land in Turkey, bringing together pioneering forces in the plastic recycling industry.RePlast Eurasia, as Turkey's first and only exhibition focused on the plastic recycling industry, holds a unique position in the industry. From May 8 to 10, 2025, the exhibition will once again gather leading brands and authoritative experts from the global recycling field. The event is jointly organized by Tuyap and the PAGCEV Association, dedicated to showcasing cutting-edge technological innovations in every aspect of the plastic recycling process. During the exhibition, visitors will have the opportunity to explore hundreds of products and service types, including raw materials, equipment (including advanced waste sorting equipment), recycling technologies, collaboration resources from waste collection and sorting companies, professional design agencies, and consulting services.4. The United States has made a final ruling on the anti-dumping and countervailing duties for epoxy resin, with the dumping margin for Chinese producers/exporters at 354.99%.On March 31, 2025, the U.S. Department of Commerce issued an announcement, making the final ruling on anti-dumping duties for epoxy resins imported from China, India, South Korea, Thailand, and Taiwan, China. Due to the lack of participation in the response from Chinese enterprises, the dumping margin for producers/exporters from China was determined to be 354.99%, while for producers/exporters from India it was 12.69%-15.68%, for those from South Korea it was 5.62%-7.59%, for those from Thailand it was 5.25%, and for those from Taiwan, China it was 10.93%-26.98%.5. Korea's KG Mobility Collaborates with Chery Automobile to Develop Mid-to-Large SUVsOn April 2nd, it was reported that South Korean automaker KG Mobility announced today that it held a joint development signing ceremony for mid-to-large SUV models with Chery Automobile in Wuhu, Anhui yesterday. The two parties will strengthen technical cooperation to promote future development. This signing ceremony follows the strategic partnership and platform licensing agreement signed with Chery in October last year, marking a concrete plan for substantive collaboration. Both sides will jointly develop mid-to-large SUVs for domestic and international markets and enhance cooperation in areas such as autonomous driving and software-defined vehicle E/E architecture (electrical/electronic hardware and software, etc.).6. Plastic Parts manufacturer Pittsfield Plastics installs a 1600-ton injection molding machine to produce PE parts.Injection molder Pittsfield Plastics Engineering (PPE) has announced the installation of a new 1,600-ton Jupiter 14000 injection molding machine from Absolute Haitian Corp. for large-part molding. The press, along with associated robotics and auxiliary equipment, will allow PPE to meet the needs of its latest customer, a manufacturer of septic products and services for the residential and commercial sanitation waste industry.7. Swiss automatic injector manufacturer invests $220 million to build a factory, entering the U.S. automatic injection molding equipment market.SHL Medical, a syringe manufacturer based in Switzerland, officially opened its most advanced new manufacturing plant in North Charleston, South Carolina. SHL Medical stated that the expansion, first announced in summer 2022 with an investment of $220 million, contributed to the local economy and created hundreds of new jobs in the area.8. 9 million tons of plastic pressure, Vietnam's 870 trillion beverage market faces green packaging transformation!The Vietnam Beer-Alcohol-Beverage Association (VBA) highlights that packaging plays a pivotal role in the modern economy by safeguarding products throughout the complex supply chain from production to consumption. It serves as a vital medium for brand communication and is crucial to the efficiency of the entire production and consumption system. Particularly for an economy like Vietnam, which boasts robust exports and strong domestic demand, the healthy development of the packaging industry holds strategic significance. Data from Nguyen Thanh Giang, General Director of Tetra Pak Vietnam, indicates the packaging industry's immense growth potential: Vietnam's food and beverage sector is projected to achieve a compound annual growth rate (CAGR) of 10.3% by 2027, with the market size reaching 872.9 trillion Vietnamese dong. This powerful market momentum not only demands expanded production capacity in the packaging industry but also raises higher expectations for innovation, functionality (such as aseptic preservation), design, and sustainability. Overseas macro market information:【Brazilian Congress Proposes Bill to Counter Unilateral Trade Actions】 On April 1 local time, the Economic Affairs Committee of the Brazilian Senate unanimously passed a proposal titled the "Economic Reciprocity Bill," aimed at authorizing the Brazilian government to take countermeasures when its foreign trade interests are harmed. Since this bill adopts a fast-track mechanism, it will bypass a full Senate vote and be directly submitted to the House of Representatives for deliberation.【Tesla European Sales Plunge】 Tesla electric vehicles have seen a sharp decline in sales in several European markets due to dissatisfaction with CEO Elon Musk and a boycott of his company's products, as well as reduced appeal after being on the market for many years. According to a report by Agence France-Presse on April 1, data from the French automotive manufacturer and sales platform showed that in March, Tesla's sales in France fell by 36.8% year-on-year amidst a slight dip in the overall French electric vehicle market. Swedish data indicated that Tesla's sales in March dropped by 63.9% year-on-year, and by 55.2% in the first quarter. In Denmark, Tesla's sales in the first quarter declined by 56% year-on-year.Goldman Sachs: Downgrades forecast for 10-year Japanese government bond yield by the end of 2025 to reflect U.S. recession risks; yen is the preferred tool to hedge against U.S. recession and tariff risks. Goldman Sachs' research team stated in a report that it has lowered its forecast for the 10-year Japanese government bond yield by the end of 2025 from the previous 1.60% to 1.50% to reflect the increased risk of a U.S. economic recession. Goldman Sachs noted that the rising risk of such an outcome may affect market pricing of the Bank of Japan's continued tightening policy. Goldman Sachs stated: "The downward trend in the stock market and relatively low U.S. economic growth also tilt the risks towards a stronger yen."Goldman Sachs expects the yen to strengthen to the lower end of the 140 zone against the dollar this year, as concerns around US growth and trade tariffs will boost demand for the yen. It believes that if the risk of a US economic recession increases, the yen will be the best hedge for investors.On April 1st local time, the Mexican government issued a statement saying that President Sheinbaum held his first telephone conversation with new Canadian Prime Minister Carney on the same day, during which both sides reached a consensus on the importance of maintaining economic competitiveness in North America. The statement noted that the leaders of the two countries agreed to continue dialogue to promote the process of regional economic integration while respecting the sovereign rights of member states. The Canadian government's statement described the leaders' call as productive, stating that Canada and Mexico are committed to deepening trade relations and jointly building a stronger economy.【Japanese Rice Prices Hit 12th Straight Week of Record Highs, Average Price per Bag Exceeds 200 Yuan】Latest statistics from Japan’s Ministry of Agriculture, Forestry and Fisheries show that the average price of a 5-kilogram bag of regular rice in Japan is 4,197 yen (approximately 204 yuan RMB), which is about twice the price of the same period last year, marking 12 consecutive weeks of record highs. Japanese Prime Minister Shigeru Ishiba stated on April 1st that if necessary, the government will release more reserve rice into the market to stabilize prices.【Canada to Avoid Tariff Retaliation That Could Affect Domestic Jobs and Drive Up Prices】 Canada will refrain from implementing tariff countermeasures that could impact domestic employment and increase prices, according to two federal trade advisors. The country will not impose retaliatory tariffs on most U.S. food products and other essential goods.Finland has announced that it will completely shut down coal-fired power plants this spring. On April 1, the Finnish government stated that as two energy companies gradually close all coal-fired power plants, Finland will fully stop using coal in energy production this year. The Finnish government indicated that in the future, energy companies will rely on electric boilers, heat pumps, energy storage, biomass energy, and waste heat recovery to produce thermal energy, while the focus of electricity generation will shift to wind, nuclear, hydro, and solar energy.【MOFCOM Extends Anti-Dumping Investigation on Imported Brandy from EU to July 5】 In accordance with the provisions of the "Regulations of the People's Republic of China on Anti-Dumping," on January 5, 2024, MOFCOM issued Announcement No. 1 of 2024, deciding to initiate an anti-dumping investigation into imported brandy originating from the EU. On December 25, 2024, MOFCOM issued Announcement No. 59 of 2024, deciding to extend the investigation period to April 5, 2025. Given the complexity of this case, in accordance with Article 26 of the "Regulations of the People's Republic of China on Anti-Dumping," MOFCOM has decided to further extend the investigation period to July 5, 2025. Price information:【The central parity rate of the renminbi against the US dollar was下调18 basis points.】Note: It seems there is a missing word in the original Chinese sentence. The correct sentence should be "【人民币兑美元中间价下调18个基点】". The translation provided is the closest accurate representation given the context, but typically it would be phrased as "The central parity rate of the renminbi against the US dollar was下调18 basis points." or more naturally, "The central parity rate of the renminbi against the US dollar was adjusted down by 18 basis points."The central parity rate of the yuan against the US dollar was set at 7.1793, down by 18 basis points. The previous trading day's central parity rate was 7.1775, the official closing rate was 7.2687, and the overnight rate closed at 7.2706.Upstream raw material USD market priceEthylene Asia: CFR Northeast Asia $855/ton; CFR Southeast Asia $920/ton.Propylene Northeast Asia: FOB Korea average price 800 USD/ton; CFR China average price 820 USD/ton, down 5 USD/ton.North Asia frozen cargo CIF price, propane $627-629 per ton; butane $617-619 per ton.The onshore price for South China frozen goods in April is as follows: propane 627-629 USD/ton; butane 617-619 USD/ton.The landed price of frozen goods in the Taiwan region: propane $627-629 per ton; butane $617-619 per ton.【LLDPE U.S. Dollar Market Price】Film: $955/ton (CFR Huangpu);Injection molding: 1010 USD/ton (spot in Dongguan bonded area);【HDPE US Dollar Market Price】Film: $940-950 per ton (CFR Huangpu).Hollow: $890-965/ton (CFR Huangpu)Injection molding: $825/ton (CFR Huangpu).LDPE USD Market PriceFilm: $1120/ton (CFR Huangpu), down $15/ton;Coating: $1360 per ton (CFR Huangpu).PP USD Market PriceAverage concentration: 935-990 USD/ton (spot), down 5 USD/ton;Co-polymer: $995-$1060/ton (CFR Huangpu spot)Film material: 1030-1105 USD/ton (CFR Huangpu);Transparent: $1020-$1050 per ton (CFR Huangpu spot);Tubing: $1,160 per ton (CFR Shanghai).
Plastic World Specialized View -
【Today's Plastic Market】Local Upturn! PA6 and ABS Rise, with Maximum Increase of 250! PVC and PET Show Weak Fluctuations
Summary: Summary of April 2 plastic market general materials and engineering materials prices and forecasts! General materials show mixed trends, with limited improvement in supply and demand; polyethylene prices fluctuate slightly; PP sees a minor increase; PVC market falls by 10-20; ABS market fluctuates with increases and decreases, with a maximum increase of 250; PS and EVA markets fluctuate weakly and steadily. Most engineering materials remain stable, with PC seeing individual increases of 25-50; polyester chip prices drop by 10-20; POM sees the highest decrease of 150; PBT market centers weaken with fluctuation, with individual decreases of 50; PA6 market price increases by 50-200; PA66 and PMMA operate in a stalemate. General MaterialsPE:Market demand is limited, and the price of polyethylene fluctuates.1 Today's SummaryOn April 1st, the market focus shifted from sanctions on oil-producing countries to the U.S. tariff hike policy, with concerns that the demand outlook would be dragged down, leading to a fall in international oil prices. The NYMEX crude oil futures contract for May fell by $0.28 per barrel to $71.20, a decrease of 0.39% from the previous day. The ICE Brent crude oil futures contract for June, after the rollover, fell by $0.28 per barrel to $74.49, a decrease of 0.37% from the previous day. China's INE crude oil futures main contract 2505 rose by 11.6 yuan to 549 yuan per barrel, and during the night session, it increased by 4.3 yuan to 553.3 yuan per barrel.Today, the HDPE market price has been adjusted by 2-6 yuan/ton; the LDPE market price has risen slightly by 2 yuan/ton; the LLDPE market price has decreased slightly by 7 yuan/ton.2 Spot OverviewTable 1 Summary of Domestic Polyethylene Closing Prices (Unit: Yuan/Ton)Today, the domestic polyethylene spot market prices showed mixed trends. HDPE spot market prices made slight adjustments of 2-6 yuan/ton. Some maintenance and production changes led to a slight tightening of supply, but overall market demand remains limited, with end users showing clear resistance to high-priced resources, resulting in mainly minor price fluctuations. LDPE spot market prices rose slightly by 2 yuan/ton, with relatively stable LDPE supply and some improvement in downstream demand, leading to a slight increase in market quotations. LLDPE spot market prices fell slightly by 7 yuan/ton, with overall supply pressure in the market being significant, and no apparent improvement in downstream demand. Market participants are lacking confidence and are mostly maintaining active sales, resulting in continuous slight price declines.3. Price PredictionWith the approach of the Qingming long weekend, merchants maintain an active attitude towards selling goods. Supply pressure remains, so the price levels for most grades are still low. In the short term, with expectations of increased production from new facilities such as Exxon and Inner Mongolia Baofeng, terminal inquiries may target even lower prices. As a result, traders might be forced to offer discounts; however, strong cost support will remain. After low-end transactions pick up, it will provide market confidence, leading prices to likely remain in a narrow range at a low level. PP: Macro利好支撑 Polypropylene prices rise slightly1 Today's Summary① Sinopec Central China PP part adjusted downward: Luoyang wire drawing 7300, M18 to 7300; Zhonghan 8009 to 7600; Zhongyuan MT35 to 8050, MT75N to 7550.② Today, the domestic polypropylene shutdown impact decreased by 1.64% to 17.08%. Details of today's domestic PP maintenance facility changes: Zhongjing Petrochemical Phase II Line 2 (600,000 tons/year) PP facility has restarted. The daily production ratio of injection molding dropped by 2.08% to 25.41%, mainly due to the second line of Sinochem Quanzhou being switched to produce other products.This week (March 21-27, 2025), the supply and demand gap has narrowed significantly to 35,100 tons, mainly due to an increase in plant maintenance leading to a notable decrease in supply, coupled with demand still slowly recovering, resulting in an improvement in the supply and demand gap.2 Spot OverviewTable 1: Domestic Polypropylene Price Summary (Unit: Yuan/Ton)Based on the East China region, today's polypropylene filament closed at 7369 yuan/ton, an increase of 8 yuan/ton from yesterday, in line with the morning's expectations.Futures fluctuated slightly upward, with polypropylene prices consolidating within a range today. The implementation of tariff policies boosted the market, and the red futures market supported spot offers. However, terminal demand was lackluster, leading to mixed spot price movements. Market participants mostly followed the market trend, with actual transactions negotiated. As of midday, the mainstream price for drawing in East China was between 7320-7450 yuan/ton.Price ForecastAffected by the U.S. tariff policy, international oil prices may be dragged down by demand prospects, and the cost side is expected to provide limited support for polypropylene (PP). On the demand side, downstream procurement remains based on just-in-time needs, and is mainly focused on buying at low prices, which does not provide much boost to the market. On the supply side, there are currently no new capacity expansions, and in addition, short-term maintenance of production facilities remains relatively concentrated, so the supply pressure is still manageable. It is expected that the polypropylene market may experience range-bound fluctuations tomorrow, with mainstream prices for wire drawing in East China at 7,300-7,450 yuan/ton. PVC:Weak supply and demand, PVC spot prices remain volatile.1. Today's Summary① The ex-factory prices of domestic PVC producers have decreased by 20 yuan per ton respectively.2. During the startup of Qinzhou Huayi, the startup time for Yanhai Magnesium Industry's ethylene process is to be determined.③ The adjustment details for oil prices are as follows: the retail price limits for gasoline and diesel in China will be increased by 230 yuan and 220 yuan per ton, respectively. The price of No. 95 gasoline will increase by 0.19 yuan per liter.2 Spot OverviewTable 1 Summary of Domestic PVC Spot Prices (RMB/ton)Based on the East China Changzhou market, the spot cash pickup price for type five PVC produced by the calcium carbide method in East China is 4900 yuan/ton today, remaining stable compared to the previous trading day.。The domestic PVC market remains weakly volatile, with pessimistic expectations for macro policies. The spot market is mostly stable, with prices on the futures market mainly looking for lower levels. Export quotations have slightly decreased due to weakening demand. In the East China region, the cash price for warehouse delivery of calcium carbide method No. 5 type is between 4870-5000 yuan/ton, while the ethylene method is between 5000-5200 yuan/ton.3.Price forecastMeasureThe domestic PVC market is experiencing fluctuations and a weakening trend, with concerns about the impact of increased tariffs on raw material and product exports. The supply expectations for spot fundamentals have weakened due to maintenance, and domestic demand remains sluggish, with foreign trade exports being the main focus. Both supply and demand are lacking, leading to a weak and fluctuating spot price trend. In the short term, cost support remains stable, and it is expected that the PVC market will maintain a small range of weak fluctuations. The cash price for electric calcium carbide method PVC in East China is expected to be in the range of 4800-5000 yuan/ton. PS: Styrene rebounds and then fluctuates, market prices stabilize.1 Today's summary Today, the East China GPPS market remained stable at 8,400 yuan/ton, in line with the morning forecast.② On Wednesday, the styrene market in East China fell by 65 to close at 8,050 yuan/ton, South China dropped by 50 to 8,150 yuan/ton, while Shandong rose by 15 to 8,015 yuan/ton.2 Spot OverviewTable 1 Domestic PS Price Summary (Unit: RMB/ton)According to statistics, today the East China GPPS is stable at 8400 yuan/ton.Upstream styrene showed a slight rebound followed by consolidation, with the market mainly holding firm on prices. However, supply remains high, and overall market inventory is ample. After recent restocking, buyers have adopted a wait-and-see approach, leading to weaker trading activity compared to the previous day.3. Price PredictionThe frequent fluctuations in raw styrene have created significant uncertainty regarding cost support. With supply remaining high and demand falling short of expectations, there has been some improvement in low-end sales, but prices struggle to rise. In the near term, the PS market may consolidate within a narrow range. It is anticipated that the华东market for modified styrene will likely trade between 8,400 to 9,800 yuan per ton. ABS:The market for filling gaps has ended, and today's trading has turned subdued.1 Today's Summary:① Prices in South China rose and fell; prices in East China rose and fell, but overall transactions were good. 2. The monthly ABS production in April is expected to slightly decrease from the previous month.2 Spot OverviewTable 1 Summary of Domestic ABS Prices (Unit: Yuan/Ton)Based on the benchmarks of Yuyao and Dongguan regions, market prices have experienced both increases and decreases.Today's market trading has turned quiet, the short-covering rally has ended, and some models have seen a pullback and adjustment, with market prices fluctuating between increases and decreases.3、Price ForecastToday, prices in South China fell slightly, while those in East China declined, with overall transactions being weak. Trade merchants are finding it difficult to sell, and supply has increased significantly. It is expected that domestic ABS prices will continue to show a downward trend tomorrow. EVA:Low demand for foaming, focus of negotiations is relaxed.1 Today's SummaryThis week, the ex-factory price of EVA petrochemical plants remains stable.This week, most of the EVA petrochemical facilities are in stable production.2 Spot OverviewTable 1 Domestic EVA Price Summary (Unit: Yuan/Ton)Today's domestic EVA market atmosphere was lackluster. Traders in the market held divergent mindsets, leading to a somewhat chaotic offering situation. The demand for foaming applications advanced slowly, and some holders, driven by panic, offered discounts to promote transactions. Most deals were reached through negotiations, with a weak and wait-and-see atmosphere prevailing. By the close of the market, soft material was quoted at RMB 11,400-11,900/ton, and hard material was quoted at RMB 11,300-11,800/ton.3.Price ForecastIn the short term, the domestic EVA market fundamentals are expected to remain in a stalemate. Demand from the photovoltaic sector provides temporary positive support, with EVA manufacturers holding firm to stabilize the market. Mainstream agents follow suit to maintain stability, while downstream foam demand continues to follow rigid needs. The market transaction pace remains slow, and the supply-demand game persists. Industry players adopt a cautious approach to operations. Longzhong Information predicts that the domestic EVA market will experience weak and stable consolidation in the short term. Engineering materialsPC:The PC market is trending upwards with a strong consolidation.1、Spot OverviewTable 1: Summary of Domestic PC Prices (Unit: RMB/ton)Today's domestic PC market showed a slightly stronger trend. In the East China market, the mainstream intended price for domestic PC sources was between 12,200-12,650 yuan/ton, slightly stronger compared to the previous trading day. In the South China market, the mainstream intended price for domestic PC sources was between 12,400-13,000 yuan/ton, stable compared to the previous trading day. For foreign sources, prices of most goods remained stable. The mainstream price of Lotte 1100 in East China was 12,800-13,000 yuan/ton, stable compared to the previous trading day. The mainstream price of Covestro 2805 in South China was 15,150-15,300 yuan/ton, also stable compared to the previous trading day. The raw material Bisphenol A continued its upward trend, providing stronger support to the PC market. During the trading day, some offers continued to rise slightly, but downstream buyers became more cautious about chasing higher prices. New order transactions decreased compared to earlier in the week, and market participants started to adopt a wait-and-see attitude.Price PredictionIt is expected that the PC market will digest the increase in the near future. The specific reasons are as follows:Supply:Supply is abundant, and the seller's报价 is either stable or slightly fluctuating.Requirement:The overall downstream willingness to chase gains remains cautious.Cost: The slight increase in raw material bisphenol A provided support for the PC market. PET:The price of polyester bottle flakes has dropped by 10-20.1 Today's Summary①,华润 prices fluctuate slightly while other factories remain stable (Unit: Yuan per ton)②. Today, the domestic polyester bottle chip capacity utilization rate reached 72.61% (revised from yesterday's 72.61%).2 Spot OverviewTable 1 Domestic Polyester Bottle Chip Price Summary (Unit: Yuan/Ton)Based on the East China region, the spot price of polyester bottle chip (water bottle grade) today closed at 6065, down 15 from the previous working day, in line with the morning's expectations.Crude oil prices are correcting. Although news of maintenance at a major PTA plant has emerged, raw material prices continue to lack upward momentum. Most polyester bottle chip plants are holding steady, with partial price adjustments. Traders are mainly focused on offloading inventory, with April shipments reportedly transacted at 6,040–6,130 or at a discount of 30 to a premium of 50 against the 2505 contract. The basis has weakened slightly, with sporadic restocking for rigid demand and subdued trading activity. (Unit: RMB/ton)3、Price ForecastThe market is largely waiting for news on the U.S. imposing additional tariffs, leading to relatively stagnant trading. On the supply side, a major manufacturer has restarted a 700,000-ton facility, raising expectations for increased supply. Downstream demand remains focused on essential restocking, with low purchasing intention before the holidays. The polyester bottle chip market is experiencing weak fluctuations, and it is expected that the spot price for water bottle materials will operate in the range of 6000-6150 tomorrow. POM:Demand performance is weak, transactions continue through negotiation.1. Today's SummaryThe domestic material manufacturers have lowered their factory prices.2. Inadequate follow-up on demand orders, resulting in average sales performance.2Spot OverviewTable 1 Summary of Domestic POM Prices (Unit: Yuan per ton)Based on the Yuyao area, today the price of Yun Tianhua M90 is 13,500 yuan/ton, with limited price fluctuations.Today, the POM market saw a downward trend in its center of gravity. Shipments were slow across various regions, increasing the pressure on petrochemical plants to offload inventory. Some POM manufacturers further reduced their ex-factory prices, dampening market sentiment. Traders lacked confidence in their operations, leading to a continued decline in mainstream offers by 100-800 yuan/ton. Downstream users remained cautious and观望情绪主导, resulting in subdued trading activity. The mainstream报价区间 ranged from 9,800 to 13,700 yuan/ton.3、Price prediction The shipment situation in various regions has not improved significantly during the week. The total inventory of POM petrochemical plants will continue to rise. In addition, some manufacturers have lowered their ex-factory prices for the second time, making it difficult for the market sentiment to be supported. Traders are less interested in operations, and the focus of quotations will continue to fall. End users are mostly cautious and观望ing, with sporadic actual transactions. It is expected that the domestic POM market will fall narrowly in the short term. PBT:The PBT market shows a weak and fluctuating trend.1 Today's Summary①PBT manufacturers' quotations remain stable.This week, the supply side saw the restart of PBT operations at the Fujian Meizhou Bay facility.③ China's PBT industry production reached 23,075 tons this week, with a capacity utilization rate of 54.32%, an increase of 4.47% compared to last week. The domestic average gross profit for PBT in China this week was -498 yuan per ton, a decrease of 97 yuan per ton compared to last week.2 Spot OverviewTable 1: Summary of Domestic PBT Prices (Unit: RMB/ton)Translate the above content from Chinese to English and output the translation result directly without any explanationThe East China region is the benchmark.Today, the mainstream price for medium to low viscosity PBT resin is between 7800-8200 yuan/ton.Decreased by 50 yuan/ton compared to yesterday。Today, the PBT market is weak and falling, while the PTA market remains steady. The BDO market is operating with观望 (wait-and-see attitude). With general cost support, the PBT supply side continues to focus on sales, and there are reports of lower prices in the market, causing the market's focus to weaken and fall. According to Longzhong Information statistics, the price range for medium to low viscosity PBT pure resin in the East China market is between 7800-8200 yuan per ton.3. Price PredictionIt is expected that the PBT market will remain weak and观望 (note: 'watchful' or 'cautious'). On the cost side, there is an expectation of reduced load in both supply and demand for PTA, with poor purchasing enthusiasm from downstream buyers, leading to a low overall valuation of the industry chain. However, cost support remains, and the market lacks a sustained driving force. In the short term, the domestic PTA spot market will maintain a volatile pattern. BDO currently has decent support on the supply side, with downstream demand following at a basic pace, but the cost transmission within the industry chain is not smooth, suppressing the movement of raw materials, and the market performance is weak. With average cost support, the PBT market sees an increase in the mentality of shipping out goods, and there may be an increase in low-priced sources in the market, causing the market focus to run weakly. Therefore, it is expected that the medium and low viscosity PBT resin in the East China market will be priced at 7800-8100 yuan/ton tomorrow. PA6:Rigid报价 firm for slice manufacturers as PA6 market prices increase1 Today's Summary①. Sinopec's weekly settlement price for caprolactam was 10,280 yuan/ton (six-month interest-free acceptance), a decrease of 100 yuan/ton compared to last week.② Sinopec pure benzene price at refineries in East China and South China increased by 150 yuan per ton, now executing at 6750 yuan per ton, with prices effective from April 1st.2 Spot OverviewTable 1 Summary of Domestic Polyamide 6 Prices (Unit: RMB/ton)Today, the price of conventional spinning polyamide 6 chips has risen. The supply of raw material caprolactam has decreased, and companies are holding firm on their quotations. The cost support for chips has strengthened, and polymerization companies, with thin profit margins, have raised the ex-factory prices of chips. However, downstream production companies are cautiously observing the market, replenishing stocks at appropriate prices, resulting in limited transactions. Market negotiations are based on actual orders. In East China, conventional spinning PA6 is priced at 10,650-10,950 yuan/ton cash on short delivery, while high-speed spinning spot is priced at 11,100-11,600 yuan/ton on acceptance delivery. In Chaohu, the price is 9,800-9,900 yuan/ton cash on self-pickup.3、Price ForecastFrom the cost perspective, the supply of raw material caprolactam has decreased, leading to a relatively firm price, and the pressure on polymerization costs has increased. From the supply and demand perspective, Zhejiang Fangyuan and Fangming are undergoing maintenance shutdowns, and some enterprises are reducing production, resulting in decreased supply. Downstream businesses are primarily restocking on demand, and some polymerization companies have reduced inventory pressure. It is expected that the nylon 6 market will operate with a slight preference for consolidation in the near term, closely monitoring downstream demand and manufacturers' pricing dynamics. PMMA: The upstream and downstream sectors continue to game, and the market maintains a stable trend.1. Today's summary① Today's factory prices remain stable.2. The domestic utilization rate of PMMA particles today is 64%.2 Spot OverviewTable 1 Summary of Domestic PMMA Particle Prices (Unit: CNY/ton)PMMA particle prices in East China closed at 16,700 yuan per ton today, unchanged from yesterday, below early expectations.Today, the PMMA particle market remained stable, with a predominant wait-and-see attitude. Suppliers showed no clear intention for deep price cuts, maintaining steady pricing sentiment. Downstream demand stayed unchanged, with procurement continuing at a rigid pace, while actual transaction volumes saw insufficient follow-up.3. Price PredictionThe short-term PMMA particle market price is stable, with sellers maintaining a steady mindset and limited room for negotiation. At the beginning of the month, there is insufficient market news and we still need to wait for further clarification in the market. In summary, with ongoing games between upstream and downstream, the short-term PMMA particle market is expected to maintain a steady trend, with attention on the shipping rhythm and receiving dynamics. PA66Downstream purchases at high prices are cautious, and the market is consolidating weakly.1 Today's summary① On April 1, market attention shifted from production sanctions to U.S. tariff policies, raising concerns about the drag on demand prospects, leading to a decline in international oil prices. NYMEX crude oil futures contract for May fell by $0.28 per barrel to $71.20, a decrease of -0.39%; ICE Brent crude oil futures contract for June, rolling over to July, fell by $0.28 per barrel to $74.49, a decrease of -0.37%. China's INE crude oil futures main contract for May rose by 11.6 to 549 yuan per barrel, with overnight trading rising by 4.3 to 553.3 yuan per barrel.As of today, the domestic PA66 capacity utilization rate is 57%, with a daily output of approximately 2,200 tons. Under pressure from costs and demand, domestic PA66 enterprises have reduced their capacity utilization rates, and the demand side is average, resulting in a relatively abundant supply of goods in the domestic PA66 industry.Invista (China) Investment Co., Ltd. announced that from April 1, 2025, at 7:00 AM, the spot trading price of hexamethylenediamine will be set at 21,300 RMB/ton, remaining stable compared to the March price.2 Spot Market OverviewTable 1 Domestic PA66 Price Summary (Unit: RMB/ton)Referring to the Yuyao market in the East China region, the EPR27 price today is referenced at RMB 16,700-16,900 per ton, unchanged from yesterday's price.Raw material prices are fluctuating, providing limited cost support. Downstream buyers are purchasing as needed, and market supply is ample. Aggregation companies have implemented concentrated production reduction plans, and the market is temporarily stable. 3. Price ForecastingDemand shows no significant recovery, with downstream sectors purchasing as needed. Under cost pressures, polymerization companies have a strong inclination to reduce production. It is expected that the domestic PA66 market will consolidate in the short term.
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【PA66 Daily Review】Downstream Purchases as Needed, Market Operations Stable
1 Today's Summary①、 4/1: The market focus shifted from sanctions on oil-producing countries to the U.S. tariff hike policy, with concerns that the demand outlook would be dragged down, leading to a fall in international oil prices. NYMEXMay contract at $71.20, down $0.28 per barrel, a decrease of 0.39% month-on-month; ICE Brent futures rolled to June contract at $74.49, down $0.28 per barrel, a decrease of 0.37% month-on-month. China's INE crude oil futures main contract 2505 rose by 11.6 to 549 yuan per barrel, and night session rose by 4.3 to 553.3 yuan per barrel.Today, the capacity utilization rate of domestic PA66 is 57%, with a daily output of about 2,200 tons. Under the pressure of costs and demand, the capacity utilization rate of domestic polymer 66 enterprises has decreased. The demand side is moderate, and the supply of domestic PA66 industry is relatively abundant. ③、 Innovia (China) Investment Co., Ltd. announced that starting from April 1, 2025 at 7:00 am, the spot trading price of hexamethylenediamine will be implemented at 21,300 RMB/ton, which remains stable compared to the price in March. 2 Spot Overview Table 1: Domestic PA66 Price Summary (Unit: Yuan/Ton) Specification 4 It is already in English: "Moon 1st" If you intended a different translation, please provide more context or clarify the phrase you'd like translated. April 2nd Rise and fall value 涨跌幅 Price fluctuation幅度 Yuyao EPR27 16800 16800 0 0% China Adipic acid 7500 7500 0 0% Data Source:Longzhong Information Based on the Yuyao market in East China, the reference price for EPR27 today is 16,700-16,900 yuan/ton, remaining stable compared to yesterday's price. Figure 1 Domestic PA66 Price Trend Chart in 2025 (RMB/ton) Figure 2: 2025 Domestic PA66 East China Price Trend Chart (Yuan/Ton) Data Source: Longzhong Information 3 Figure 6 2025 Domestic PA66 Profit and Price Comparison (RMB/ton) Data source: Longzhong InformationSource: Longzhong Information 4 Price Prediction Demand remains weak, with downstream buyers purchasing as needed. Polymerization enterprises, under cost pressures, are inclined to reduce production. It is expected that the domestic PA66 market will remain stable in the near term. 5 Adipic acid market : Adipic Acid MarketThe market remains in a stalemate with fluctuations. Raw materials experienced narrow intraday fluctuations, with insufficient momentum from the cost side. Recent slight strengthening in the raw material sector has heightened market观望情绪. Major suppliers have yet to provide clear guidance, while intermediaries remain flexible in negotiations, with mainstream offers largely stable with minor adjustments. Terminal orders are limited, and buyers are cautious, focusing on essential needs in discussions. Actual orders have not shown improvement, and the僵持 atmosphere persists. 6 Table 2 Domestic PA66 Data Overview (Unit: 10,000 tons) data Release Date Last Issue Data Production capacity utilization rate 58% → Weekly production 1.56 → Data Source: Longzhong InformationNote: Translate the above content from Chinese to English and output the translation result directly without any explanation. 1 2 Narrow fluctuations are considered, highlighting data with price changes within 0-3%.
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[PA6 Daily Review] Increased Cost Pressure, Chip Manufacturers Maintain Firm Quotations, PA6 Market Prices Rise
1 Today's Summary ①、Sinopec's weekly settlement price for caprolactam is 10,280 yuan/ton (six-month interest-free acceptance), a decrease of 100 yuan/ton from last week.Sinopec increased the prices of pure benzene by 150 yuan/ton at refineries in East and South China, implementing 6750 yuan/ton, effective from April 1st. 2 Current Spot Situation Table 1 Summary of Domestic Polyamide 6 Prices (Unit: Yuan per ton) Market Specification 4 Monthly 1st 4 February 2nd Change value Payment Terms Conventional spun nylon 6 slice Factory price (ordinary) 10300-10600 10350-10800 +50/+200 Cash out of the factoryFactory Price (High-end) 10600-11200 10700-11300 +100/+100 出厂现金East China Market (Regular) 10500-10800 10650-10950 +100/+150 East China Market (High-End) 10600-11200 10600-11200 +100/+100 East China Self-pickup Polyamide 6 high-speed spinning chip East China Spot 11100-11600 11100-11600 0/0 Acceptance delivered Key upstream Caprolactam East China 9900 9975 +75 Deliver to AcceptanceData source:Luongzhong Information Today, the price of regular spinning polyamide 6 chip increased. The supply of raw material caprolactam decreased, causing enterprises to maintain their报价坚挺. This strengthened the cost support for the chip. Polymerization enterprises, with slim profits, raised their ex-factory prices for the chip. However, downstream production enterprises adopted a cautious attitude towards the market, only replenishing stocks at appropriate prices, resulting in limited transactions. Market actual deals were mainly negotiated. . Huadong PA6 conventional spinning ordinary 10650-10950 CNY/ton cash short delivery, high-speed spinning spot 11100-11600 CNY/ton acceptance delivery. Chaohu 9800-9900 CNY/ton cash self-pickup price. Figure 1 Domestic PA6 Price and Raw Material Price Trend Chart (Unit: RMB/Ton) Figure 2: Conventional spinning chip of polyamide 6 and its 20-day moving average trend chart (unit: CNY/ton) Data source: Longzhong Information GroupData source: Longzhong Information 3 Production Dynamics The capacity utilization rate of PA6 is 79.90%. Fangming is under maintenance for about 20 days, Zhejiang Fychemical is under maintenance for about 35-45 days, and Shanxi Luliang is shut down.2) The cost of raw materials has increased, leading to a rise in the price of conventional spinning polyamide 6 chips. The profit for conventional spinning polyamide 6 chips is -25 yuan per ton, while the profit for high-speed spinning is 26.75 yuan per ton. Figure 4 Domestic Nylon 6 Profit and Price Comparison (Unit: Yuan/Ton) Data Source: Longzhong InformationData source: Longzhong Information 4 Price prediction From a cost perspective, the supply of raw material caprolactam has decreased, keeping prices relatively firm, and the pressure on polymerization costs has increased. From a supply and demand perspective, Zhejiang Fangyuan and Fangming have halted for maintenance, and some companies have reduced their loads, leading to a decrease in supply. Downstream industries are mainly replenishing their stocks as needed, and some polymerization companies have seen a reduction in inventory pressure. It is expected that the polyamide 6 market will experience a slight positive adjustment in the near future, with close attention to downstream demand and manufacturers' pricing dynamics. 5 , Related product information ①、 Caprolactam market: Today, the mainstream price of caprolactam in East China is 9,950-10,000 yuan/ton, delivered on acceptance. After a reduction in caprolactam supply, prices continue to rise, with downstream purchases mainly based on demand. ②、 Nylon filament market: The market price of nylon POY 85D/24 in the Jiangsu, Zhejiang, and Fujian regions ranges from 12,300 to 13,600 yuan/ton, with some offers slightly higher. Insufficient cost support has led to overall rigid demand in negotiations for nylon filament, with the industry operating on thin profits. The market has seen a slight loosening at high levels. 6 , Data Calendar Table 2 Overview of Domestic Polyamide 6 Data (Unit: 10,000 tons, yuan/ton, days) Data Release Date Last period's data This period's trend forecast Capacity utilization rateThursday 4:00 PM 83.53% ↘ Weekly productionThursday 16:00 PM 13.6 ↘ Regular spinning profit -45 ↘ Regular yarn inventoryThursday 16:00PM 13.5 → Remarks: 1 Consider fluctuations as significant when the price changes exceed 3%. 2 ,↗↘ are considered narrow fluctuations, highlighting data with涨跌幅in the range of 0-3%. Note: The phrase "涨跌幅" was not fully translated as it seems to be a specific financial term that needs context for an accurate translation. In English, it is often referred to as "price fluctuation" or "percentage change."
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【PBT Daily Review】PBT Market Focus Weakens with Fluctuations
1 PBT manufacturers' quotations are stable.② This week, the PBT facility in Meizhou Bay, Fujian, has restarted production. ③ This week, China's PBT industry output reached 23,075 tons, with a capacity utilization rate of 54.32%, an increase of 4.47% compared to last week. 。 This week, the average gross profit of domestic PBT was -498 yuan/ton, down 97 yuan/ton from the previous week. 。 2 Spot Overview Market Specifications 2025/04/01 2025/04/02 Rise and fall value Price Change Percentage East China Medium-low viscosity pure resin 7850-8200 7800-8200 -50 /0 -0.64% /0% East China PTA 4886 4900 14 0.9% East China BDO (Scattering Water) 7900-8000 7900-8000 0/0 0/0 Data source:Dragon News East China region as the benchmark Today, the mainstream price of medium and low viscosity PBT resin is between 7800-8200 yuan/ton. Down 50 yuan per ton compared to yesterday. 。 Today's PBT market is weak and falling. , PTA marketStalemate Sortation , BDO Market 观望运行。成本面支撑一般,Wait and see. Cost support is generally average,The supply side of PBT continues to have an outflow mentality, with low prices heard in the market, and the market trend is weakly declining. According to statistics from Longzhong Information, the price of low to medium viscosity PBT pure resin in the East China market is 7800-8200 yuan/ton. Figure 1 PBT price trend chart in East China market in China by 2025 (RMB/ton) 3 Production Dynamics This week, China's PBT industry production reached 23,075 tons, with a capacity utilization rate of 54.32%, a 4.47% increase from last week, and a 0.83% decrease compared to the same period last year. In terms of plant operations during this period, Changchun Chemical's PBT facility has resumed normal production after maintenance, and Changhong Biotech's PBT facility is operating on two lines. 。 This week, the average profit margin for domestic PBT in China was -498 RMB/ton, a decrease of 97 RMB/ton compared to last week. 。 Figure 2: Trend of Domestic PBT Capacity Utilization Rate in 2025 Figure 3 2025 Domestic PBT Profit vs. Price Comparison Chart (CNY/ton) Data source:隆众资讯 Data source: Longzhong Information GroupSource: Longzhong Information 4 Cost side On the PTA side, there is an expectation of reduced operating rates at both supply and demand ends. Downstream buying enthusiasm is not high, and the overall valuation in the industrial chain is low. Support from the cost side still exists, but it is difficult to find sustained momentum in the market. In the short term, the domestic PTA spot market will remain in a range-bound pattern; BD The willingness to sell in the PBT market has increased, with more low-priced sources available in the market, leading to a weaker overall market trend.ThereforeLonzon expects that the medium and low viscosity PBT resin in the East China market will be around 7800-8100 yuan/ton tomorrow. 5 PTA Market: Today's PTA spot price increased by 14 to 4900 yuan per ton. This week and next week, the delivery and warehouse receipts at major ports for May contracts traded at par to plus 8 yuan, with discounts of 20 to 26 yuan. Negotiations for mid to late April delivery at major ports for May contracts traded at a premium of 5 to 10 yuan. Major suppliers plan to undergo maintenance soon; however, sentiment is constrained by cost factors. In the afternoon, absolute prices fluctuated downward, with spot basis slightly stronger. Downstream inquiries have been acceptable, and overall trading has shown improvement. (Unit: yuan per ton) BDO As of the time of writing, the spot bulk water in East China is主流商谈7900-8000 yuan/ton, and the drummed water is商谈8900-9000 yuan/ton (cash on delivery), unchanged from yesterday. Today, in East China,BDO marketWatching the operation. Hualu plans to feed material on the 5th, with support from the supply side remaining adequate. Downstream demand has slightly increased, and traders are reporting prices based on market conditions, keeping the market stable but weak. 。 6 , Data Calendar Data Last Issue Data This issue's trend forecast PBT Capacity utilization rate Thursday at 5:00 PM 54.32% ↑ PBT Thursday 17:00 PM 23075 ↑ PBT Weekly Profit -498 ↓ Data Source: Longzhong InformationNote: 1 Consider ↑↓ as significant fluctuations, highlighting data dimensions with price changes exceeding 3%. 2 Consider ↗↘ as narrow fluctuations, highlighting data with price changes within 0-3%.
Longzhong -
【PMMA Daily Review】Upstream and downstream continue to negotiate, and the market maintains a stable operation.
1 、 Today's Summary① The factory quotations remained stable today.Today, the domestic PMMA particle utilization rate is at 64%. 2 , Spot Overview Market April 1st April 2nd Rise and fall value 涨跌幅 Translation: Fluctuation range Average price 16650 16650 0 0.00% East China (Domestic Goods) 16700 16700 0 0.00% East China (Import Goods) 16600 16600 0 0.00% Key upstream East China MMA 10850 10850 0 0.00% Data source:Longzhong Information Based on the East China region, today's PMMA particles closed at 16,700 yuan/ton, unchanged from yesterday and lower than the morning's expectations. Today, the PMMA particle market is operating steadily, with market participants mainly adopting a wait-and-see approach. Holders of goods do not show a strong intention to deeply reduce prices, maintaining stable报价心态。下游需求保持现状,按需采购为主,实际成交量跟进不足。 The downstream demand remains at the current level, focusing on purchasing as needed, with actual transaction volumes not following suit adequately. It seems there was an interruption in the last part of your text. Here's the complete translation:Today, the PMMA particle market is operating steadily, with market participants mainly adopting a wait-and-see approach. Holders of goods do not show a strong intention to deeply reduce prices, maintaining stable reporting attitudes. Downstream demand remains at the current level, focusing on purchasing as needed, with actual transaction volumes not following suit adequately. Figure 1 PMMA particle price trend chart (Unit: yuan/ton) Figure 2 PMMA Particle East China Price Trend Chart (Unit: Yuan per ton) Data Source: Longzhong InformationData source: Longzhong Information 3 Production Dynamics The PMMA particle capacity utilization is at 64%, unchanged from the previous period. The factory operations are currently stable. Figure 3 Domestic PMMA particle capacity utilization trend chart Figure 4 PMMA Particle Profit Price Comparison Chart (Unit: Yuan/Ton) Data source: Longzhong InformationData source: Longzhong Information 4 Price prediction The short-term PMMA particle market prices are stable, with sellers maintaining a steady mindset and limited room for negotiation. At the beginning of the month, there is insufficient market information, and further clarification in the market is still needed. In summary, the ongoing game between upstream and downstream is expected to keep the short-term PMMA particle market operating in a stable manner, with attention on the shipment rhythm and absorption dynamics. 5 , Relevant product information MMA Market: Based on the East China region, today's MMA closed at 10,850 yuan/ton, unchanged from the previous working day, in line with the morning expectation. countryIn terms of the domestic market, todayMMA marketStable center of gravity, cargo holders' offers remain calm; low-priced goods are mostly from previous orders. At the beginning of the month, there are limited new orders in the market. The market is transitioning amid观望. Actual transactions are mainly driven by essential needs. (Note: "观望" directly translates to "observation" or "watchful waiting," but in the context of market behavior, it implies that participants are cautious and refraining from immediate action.) 6 Data Calendar Table 2 Domestic PMMA Particle Data Overview (Unit: Ten Thousand Tons) Data Release date Last period's data Expected trend for this period PMMA particle industry capacity utilization rate Thursday 5:00 AM 64% → Profit Thursday 17:00PM 3887 ↗ Data source: Longzhong InformationNote: 1 ↑↓ are considered as significant fluctuations, highlighting data dimensions with price changes exceeding 3%. 2 Consider ↗↘ as narrow fluctuations, highlighting data with price changes within 0-3%.
Longzhong -
【PET Daily Review】Polyethylene terephthalate (PET) bottle chip prices decrease by 10-20
1 Today's summary ①, China Resources prices adjusted slightly, while other factories remained stable. (Unit: Yuan/ton)② Today's domestic PET bottle chip capacity utilization rate is 72.61% (revised from 72.61% yesterday). 2 Spot Overview Table 1: Summary of Domestic Polyester Bottles Price (Unit: Yuan per ton) Market Specifications April 1st April 2nd Change in value Rise and fall rate East China Aquarius Class 6080 6065 -15 -0.25% South China Water Bottle Level 6110 6100 -10 -0.16% North China Aquarius level 6080 6060 -20 -0.33% Based on the East China region, today's spot price for polyester bottle-grade chip is 6065, down 15 from the previous working day, in line with morning expectations. Crude oilCallback: Although news of maintenance from a major PTA plant has emerged, the upward momentum for raw materials remains weak. Most polyester bottle chip factories are stable, with some local price adjustments. Holders are mainly focused on sales, and it is heard that April cargo transactions are at 6040-6130 or a 2505 contract discount of 30 to a premium of 50, with the basis slightly weakening. There is sporadic replenishment from just-in-time demand, and trading is light.Unit: yuan/ton Figure 1: 2025 Domestic PET Bottle Chip Price Trend Chart (CNY/ton) Figure 2 Domestic PET bottle chip price trend chart for each month in 2025 (RMB/ton) Data source:Longzhong Information Data Source: Longzhong Information 3. Production Dynamics Today, the utilization rate of PET bottle chip capacity reached 72.61%. In terms of profits, the price of raw material PTA has risen, the price of MEG has fallen, polymerization costs have increased, and the profit from polyester bottle flakes has incurred losses. -266.01 Yuan/ton. Figure 3 2024-2025 Domestic PET Bottle Chip Capacity Utilization Trend Chart Figure 4 Profit and Price Comparison of Domestic Polyester Bottle Chips in 2025 (Yuan/Ton) Data source: Longzhong InformationData source: Longzhong Information 4. Market Sentiment Table 2 Domestic Polyester Bottle Chip Upstream and Downstream Participants' Sentiment Expectation (Updated on Monday) Viewpoint Quantity Proportion Ring ratio Bullish 2 8% 0% Bearish 12 48% -4% Stay unchanged 11 44% 4% 5. Price Forecast The market is largely awaiting news of possible US tariff increases, leading to relatively stagnant trading. On the supply side, the restart of a major plant's 700,000-ton unit has raised expectations of increased supply. Meanwhile, downstream demand remains limited to just necessary restocking, with low purchasing intent ahead of the holiday. The PET bottle-grade chip market is experiencing weak fluctuations, and tomorrow's spot market for water-grade material is expected to trade within the range of 6,000–6,150. 6. Related product information PTA Market: The spot market price of PTA in the East China market has risen, with negotiation references around 4900. This week and next week, the main port delivery and warehouse receipt quotes are around flat to 05, with discounts of 12-25. The bids are around flat to 05, with transactions discussed around 20-26. For mid to late April, the main port delivery is quoted at 05 with a premium of 5-10, and the bids are around flat to 05. Some suppliers plan to carry out maintenance soon, which has slightly boosted market sentiment. In the morning, absolute prices fluctuated upwards, and the spot basis remained roughly stable. Market participants are cautious, and there is limited negotiation in the market. (Unit: Yuan/ton) MEG Market : Today, the ethylene glycol market failed to continue its upward trend and remained mostly consolidated. In the early session, spot prices in Zhangjiagang opened near 4,545. As caution prevailed toward chasing gains, the negotiation focus slightly declined. The market moved sideways in the afternoon, with spot negotiations closing in the range of 4,540–4,545. The spot basis spread showed little change, fluctuating between May +40 and May +42 during the day. The South China market remained stable, with buying demand limited to rigid needs, leading to stagnant transactions. Data Calendar Table 3: Domestic PET Bottle Chip Data Overview (Unit: 10,000 tons, %) Data Release Date Last period's data This Period's Trend Forecast Capacity utilization rate Weekday 17:00 72.78% ↗ Weekly Production Thursday at 5:00 PM 30.75 ↗ Weekly capacity utilization rate Thursday at 5:00 PM 72.37% ↗ Data source: Longzhong InformationNote: 1 Consider ↓↑ as significant fluctuations, highlighting data dimensions with price changes exceeding 3%. 2 、↗↘ are considered as narrow fluctuations, highlighting data with gains and losses within 0-3%.
Longzhong -
"Ten Billion Track Sha Produces 'Transparent King'! International Big Factory's Designated Agent Surprisingly Hides These Hot-selling Secrets"
《The "2024-2029 China Engineering Plastics Industry Development Trend Analysis and Future Investment Research Report" indicates that the global engineering plastics market size in 2024 is 142.99 billion USD, with a compound annual growth rate of 5.5% by 2029, showcasing a promising market outlook.Transparent plastics, as a special type of engineering plastic material, hold an important position in today's society due to their unique properties and wide range of applications. From the packaging industry to building materials, from the automotive sector to electronic devices, transparent plastics play an indispensable role.In this trillion-dollar market competition, Guangzhou RenSu Industrial Co., Ltd.凭借With 20 years of deep-rooted expertise in the plastics and chemicals industry, Rensu Industrial has quietly emerged as a benchmark in the sector. As the designated agent of INEOS Styrolution in China, Rensu has not only established strategic partnerships with over ten global top-tier chemical raw material suppliers but also, through technological innovation and supply chain optimization, provides end-to-end solutions across six major fields, including cleaning equipment, cosmetic packaging, and small home appliances. It has become the "Transparent Material Preferred Partner" for corporate supply chains.Three Core Advantages Build Competitive BarriersQuality assurance from the original manufacturer.Through deep cooperation with international chemical giants, Rensu Industrial strictly adheres toThe "Original Factory Original Package" policy ensures the quality stability of core raw materials such as PMMA, SMMA, and SAN from the source. Its self-built warehousing and logistics system enables rapid nationwide delivery, effectively alleviating the raw material inventory pressure on downstream enterprises.Technical-driven customized servicesTo meet the specialized requirements of medical-grade, food-contact-grade, and other specific scenarios, the company has a dedicated RD team capable of providing customized solutions such as chemical resistance, high light transmittance, and scratch resistance.③ Cost Advantage of Economies of ScaleLeveraging its procurement scale of over 10,000 tons per year, Ren Plastic Industry ensures product prices below market averages while achieving a second upgrade in material performance through modification technology. Second, validate industry leadership across multiple scenariosWith the improvement of living standards, people's demands for product appearance and quality have gradually increased. Transparent plastic, with its excellent properties, has become an ideal choice for many products. In the packaging industry, transparent plastic not only serves to protect products but also provides a clear display, meeting consumers' needs for instant access to product information. In fields such as construction, automotive, and electronics, the application of transparent plastic is becoming increasingly widespread. Its superior weather resistance and impact resistance significantly enhance product performance.Diagram Ren Su Industrial has focused on plastic products for many years, with ample stock, a wide variety, and competitive prices.After years of developmentPrecipitation Rensu Industrial Transparent Materials mainly focus on the following materials:。inPMMAMaterialsHello, The provided text "上" translates to "up" or "above" in English, depending on the context. Without additional context, it's challenging to provide a more precise translation. If you have a specific context or sentence, please share, and I can offer a more accurate translation.Yes HardenPMMA、Toughened acrylicAndFrosted acrylic.AtPCMaterialsUp,HaveReinforcedDevelopment of PC and promotion of PC hardening agents.IntransparentABSMaterialson,Provided by RenSuReplace imported brandsMaterials andChemical-resistant grade,Can helpReduce costs,And inPET materialUp,Ren Su providesPET material hasHigher liquidity, higher transparencyAdvantagesProcessing thicker pieces is easier.Core products include:From products to applications, the exceptional performance of these transparent plastics is reshaping the boundaries of innovation in the small appliance industry. With high temperature resistance, high light transmittance, and impact resistance, they not only inject a sense of technology into product design but also break through traditional limitations in functionality. Let us explore specific cases to experience how material innovation empowers the intelligent evolution of small appliances.① For carpet cleaning, choose Zylver 631. (Note: The brand name "Zylar" seems to be a misprint or variation; the correct brand name is likely "Zyler." However, I have translated it as presented in your request.)Bagless vacuum cleanerThe convenience of not needing to purchase bags has been extended to consumers, but it requires regular cleaning of the water tank. The selected materials must possess excellent mechanical properties to withstand the intense operations of the machine during use.Ineos StyrolutionZylar631 can not onlyWithstanding common impacts during tank cleaning, its outstanding high impact resistance(The drop test) and resistance to detergents and chemical performance provide lasting performance assurance for this demanding application.The humidifier water tank is selected as Luran® SAN C.Luran® SAN C offers the advantages of high transparency and easy processing, making it a food-grade material perfectly suited for applications in water tanks.③Choose Luran® SAN 368R for the water tank of the dental scalerLuran® SAN 368R has high transparency, is easy to process, and has good chemical resistance.Food contact materials, perfectly demonstrating its application in the water tank of a dental water flosser.④ Coffee machine water tank select Luran® SAN C, Luran® 368R (higher impact)These materials have high transparency.、High rigidity, chemical resistance, heat resistance and other performance characteristics, food contact grade materials, widely used in coffee machine water tanks."Join hands with benevolence, win together.""Transparent Economy" FutureWith twenty years of focus, Rensu Industrial provides a one-stop solution with a technical team offering full support from selection advice to after-sales service.In the era where transparency defines product competitiveness, Ren Plastic Industry is positioning itself accordingly."Original factory quality, flexible customization, and affordable pricing" triple advantages help Chinese companies seize market opportunities.InstantlyClick here Leave your contact informationWe will contact you at the first time. Provide you with detailed solutions and exclusive discount quotes
Specializing in Visuals -
【PET Price Summary】On April 2, the PET market experienced mixed ups and downs! The highest increase was 20 yuan!
Today's PET market commentary:According to Zhuansu Shijie Statistics, as of 16:00 on April 2, the PET market across the country is showing mixed fluctuations!The market sees 20% of quotes increase and 20% decrease, with maximum increases of 20 yuan and maximum decreases of 10 yuan. The current quote for YS-W01 in Ningbo market from Hainan Yisheng is 6100 yuan.Today's PET quotation range in the market is 6080-6560 yuan, with a median of 6100 yuan.Here is today's market price details:
Specialized Plastic Quotation -
【PBT Price Summary】PBT market remained basically stable on April 2nd! Most market quotes have not adjusted.
today's PBT market brief review:Today's full market PBT quotation range is 17,200 to 44,500 yuan, with a median of 25,500 yuan in the market.The following are today's market quotation details:
Special plastic quotation -
【POM Quotation Summary】The POM market remained stable with a slight decrease on April 2nd! Maximum decrease of 200 yuan!
Today's POM market brief:According to statistics from Zhuangsu Shijie, as of 4:00 PM on April 2, the POM market across the country is stable with a slight decline!98% of the market quotes remain stable, with a maximum drop of 200 yuan. Currently, the price of Zhonghaitianye M90 in the Ningbo market is 10,300 yuan.Today's POM quotation range in the entire market is 9600-49500 yuan, with a market median of 11600 yuan.Here is today's market quotation details:
Special Plastic Quotation -
【PA Price Summary】PA market remains stable on April 2! Most market quotations remain unchanged.
Today's PA market brief:Today's PA quote range for the entire market is 11,300-23,000 yuan, with the market median at 15,800 yuan.Here is today's market quotation details:
Special Plastic Quotation -
【PC Price Summary】PC Market Steady with Slight Decline on April 2! Maximum Drop of 300 Yuan!
Today's PC Market Brief:According to Zhansu Vision statistics, as of 16:00 on April 2nd, the PC market across various regions in China remained stable with slight declines!The entire market saw 97% of quotes remain stable, with a maximum drop of 300 yuan. The current quotation for Saudi SABIC 143R in the Yuyao market is 16,200 yuan.Today's PC quote range in the entire market is between 7450-20600 yuan, with a median of 12850 yuan in the market.Below is the market quotation details for today:
ZS Quotation -
PC prices hit a five-year low! Bisphenol A costs break even line, 'giving up profits to survive' becomes an open secret in the industry.
Since 2025, the domestic polycarbonate (PC) market has experienced significant price fluctuations under the dual pressure of supply and demand imbalance and cost reduction.. Especially inIn mid-March 2025, the decline in the PC market further widened, hitting a new low since the second half of 2020. Taking Huadong Lihua Yi WY-111BR as an example, the average price in the first quarter was 12,396 yuan/ton, a decrease of 3.28% quarter-on-quarter and 10.02% year-on-year.One, Supply and Demand Imbalance: High Capacity Utilization Rates and Weak Downstream DemandIn 2025, the domestic PC industry's capacity utilization rate continued to operate at a high level, with a substantial capacity base and production reaching new highs. As of March 2025, the total capacity of the domestic PC industry remained at 3.81 million tons per year, and the industry's average operating rate rose to 84.75% in March.The weekly output is approaching.70,000 tons, the market supply is highly abundant. The operating load of PC has also reached the highest point in nearly five years. In addition, the 180,000 tons/year PC facility of Zhangzhou Chi Mei is scheduled to start operating in March, further increasing the total domestic PC production capacity and supply.However, in sharp contrast to the strong growth on the supply side, downstream demand appears weak. Before the Spring Festival, apart from the modified industry where orders and purchases were relatively strong, other industries mostly stopped work and took holidays early. After the Spring Festival holiday, the demand from major consumer industries started to recover more slowly than expected.In March, there is still no improvement. The new order volume from downstream terminal factories is limited, leading to a noticeable slowdown in inventory consumption, which mainly relies on consuming previous stock levels. The operating rate of small and medium-sized factories is only 0-60%. Against the backdrop of abundant supply, the limited rigid demand from downstream buyers is more passive and cautious, resulting in poor market transactions and increasing pressure of imbalance between production and sales in the industry.II. Cost decline: Raw material prices have dropped significantly.Bisphenol in the first quarter Market A overall showed a downward trend from a high position. In March, as international crude oil prices plummeted, energy chemical product prices continued to decline. The upstream of the industry chain, pure benzene, started a rapid price drop mode, and raw materials such as phenol and bisphenol A also decreased to varying degrees following the cost, weakening the cost support for PC. In March, the average price of bisphenol A in East China was 9,350 yuan/ton, a year-on-year decrease of 1.98%, further weakening the cost support for the PC industry. The industry's theoretical gross profit once fell into a loss. In late March, PC factories gradually became cautious about low selling intentions. As the price of bisphenol A fell, the PC gross profit level gradually recovered.Future Market Outlook: Weak Consolidation as the Main ThemeFrom the supply side, despite Luxi ChemicalOne production line of the PC facility remains shut down, but the overall operations of other domestic PC facilities remain stable. In April, the PC facilities of Pingmei Shenma, Cangzhou Dadi, and Sino-Saudi Tianjin all have scheduled maintenance outages planned, leading to a temporary reduction in industry-wide capacity utilization to around 75%. As market supply decreases, sellers may maintain their price expectations, which could potentially lead to a bottoming out of the PC market. However, downstream terminal demand is unlikely to improve significantly in the short term, exacerbating the supply-demand imbalance. Weak demand limits the upward movement of quotations, making it difficult for merchants to maintain firm prices, leaving room for potential discounting to promote transactions. Author:Zhao Hongyan,Specialized Plastic Vision Market Research Expert
Specialized Plastic Research Society -
Qingming Festival Hazardous Goods Vehicle Traffic Restriction Notice, Lasting 3 Days! Quick Look at April 2nd Plastic Quotations!
The Qingming Festival holiday is approaching, and many provinces have issued restrictions on the transportation of hazardous materials vehicles, prohibiting them from traveling on highways at all times. JiangsuDuring the Qingming Festival period, Jiangsu expressways prohibit the passage of hazardous chemical transport vehicles.Full network ban on traffic at all times。Regular speed limit: 0-6 AM daily ShandongDuring the Qingming Festival holiday, all highways in Shandong Province are prohibited from allowing hazardous materials transport vehicles to pass at all times. The specific ban period is...April 4, 2025, 00:00 - April 7, 2025, 06:00。Regular restrictions: 0-6 o'clock every day BeijingSelf From 0:00 on April 4, 2025 to 24:00 on April 6, 2025Dangerous goods transport vehicles (including dangerous goods transport vehicles holding the "Pass for Road Transport of Highly Toxic Chemicals") are prohibited from driving on expressways within the administrative region of Beijing.Routine restriction: 0-6 AM daily HebeiFrom 0:00 on April 4, 2025 to 24:00 on April 6, 2025Prohibit the transportation of hazardous materials vehicles (including those holding the "Road Transport Permit for Toxic Chemicals") from traveling on highways within the administrative region of Hebei Province. Regular restrictions: 0-6 o'clock every day TianjinFrom 0:00 on April 4, 2025, to 24:00 on April 6, 2025.Dangerous goods transport vehicles (including vehicles with the 'Report Certificate for Designated Time, Route, and Speed of Motor Vehicles Carrying Dangerous Chemicals', 'Report Certificate for Designated Time, Route, and Speed of Motor Vehicles Carrying Other Dangerous Goods Outside the Directory of Dangerous Chemicals', and 'Pass for Road Transport of Highly Toxic Chemicals') are prohibited from driving on highways within the administrative region of Tianjin.Regular traffic restrictions: Daily from 0:00 to 6:00. HenanThe Henan expressways will be open during the Qingming holiday.From 00:00 on April 4, 2025, to 06:00 on April 7, 2025The entire route prohibits the passage of vehicles transporting dangerous goods. Service area fuel (gas) supply vehicles on expressways should travel during periods other than 0:00 to 6:00 daily.Regular traffic restrictions: Daily from 0:00 to 6:00. GuangdongQingming Festival holiday:From April 3, 2025, 00:00 to April 6, 2025, 24:00Dangerous goods transport vehicles are prohibited from traveling on highways within Guangdong Province.Regular speed limit: 0-6 AM daily GuangxiQingming Festival holiday:From 00:00 on April 3, 2025, to 24:00 on April 4, 2025, and from 00:00 on April 6, 2025, to 24:00 on April 7, 2025., all highways throughout Guangxi prohibit the passage of dangerous goods transport vehicles.Routine speed limit: 0-6 AM daily ChongqingFrom 00:00 on April 4, 2025 to 24:00 on April 6, 2025During the Qingming Festival, dangerous goods transport vehicles are prohibited from using the highways in Chongqing. For those that need to transport dangerous goods on the highway, they must apply for a travel record with the local highway brigade at the entry point. After review and approval, they may proceed according to the designated time, route, and entry/exit points.Regular traffic restrictions: Daily from 0:00 to 6:00 Shanghai G40 Shanghai Section of Hu-Shaan ExpresswayVehicles transporting hazardous chemicals are prohibited from entering all day (except for vehicles carrying medical hazardous waste and oil tankers entering Changxing Island service area and Gangyan service area for fuel supply).G1503 Expressway (Wen Chun Road - Suburban Tunnel)Dangerous chemical transport vehicles are prohibited from operating throughout the day. Tongji Elevated Road prohibits the passage of vehicles carrying dangerous goods and other vehicles specified in the Shanghai Traffic Management Regulations throughout the day. AnhuiDuring the Qingming Festival holiday, the transportation of hazardous materials vehicles is prohibited on the highways within Anhui.Regular traffic restrictions: Daily from 0:00 to 6:00. ZhejiangThe S45 Yidong Expressway Dongyang Section (Hutian Hub - Wangdian Hub) prohibits the passage of dangerous goods transport vehicles 24 hours a day.The section from the Zhejiang-Anhui border (Qianqiuguan) to Yuqian Junction on the S29 Linjin (Jian) Expressway and the section from the Xin'anjiang Junction to the Zhejiang-Anhui provincial border on the G4012 Li-Ning Expressway prohibit the passage of hazardous chemical transport vehicles.The G1523 Yongguan Expressway from Lingkun to Huanghua will implement a 24-hour ban on the passage of vehicles transporting dangerous chemicals.G1513 Wenli Expressway, the section from Haikou to Qingtian East Road, prohibits the passage of hazardous materials transport vehicles all day.G4012 Lining Expressway: Vehicles transporting hazardous chemicals are prohibited from passing through the section from Yunjing Hub to Wenzhou boundary 24/7.S40 Dragon Bay Connection Line Highway prohibits hazardous chemical transport vehicles from entering 24 hours a day.The section from Yuandi Hub to Shangfang Interchange on the Hangchang (Hangxingjing) Expressway G6021 is closed to hazardous chemical vehicles.Common restriction: 0-6 AM daily HunanAccording to the notice jointly issued by the Hunan Provincial Public Security Department and the Provincial Department of Transportation regarding the time-limited ban on dangerous goods transport vehicles on highways, it is reminded that dangerous goods transport vehicles are prohibited from...During the Qingming Festival, 24-hour traffic restrictions are imposed on highways.The transportation of liquid chlorine used for producing tap water, fuel trucks, and natural gas vehicles are prohibited from 00:00 to 06:00, but there are no restrictions at other times.Regular restrictions: 0-6 o'clock every day HubeiThe sections of highways in Hubei Province where the transportation of hazardous materials is prohibited 24 hours a day are:Huyuhighway (G50) from Yidu Station to Baiyangtang Provincial Boundary Station (K1181+136M—K1501);Enhai Expressway (G6911) Luo Zhentian Interchange to E Southwest Station (K401+000M-K483+100M);Enqian Expressway (S89) section from Enlai Enqian Interchange to Chaoyang Temple (K0—K48).Due to construction, hazardous materials vehicles are prohibited from entering all day at the following entrances:G4 Beijing-Hong Kong-Macau Expressway bidirectional section from Henan boundary to Junshan.G4201 Wuhan Ring Expressway, both directions from Huashan Interchange to Cangdao Interchange, Huashan Station, Guanggu Station.G50 Shanghai-Chongqing Expressway Wuhan West to Yong'an section.From March 20, 2025, to May 15, 2025, the Lisha Line (under the Shanghai-Chongqing Expressway Bridge) section is prohibited for vehicles transporting hazardous materials.Routine restriction: 0-6 AM daily ShanxiFrom 0:00 on April 4, 2025, to 24:00 on April 6, 2025.Hazardous material transport vehicles are prohibited on Shanxi expressways.Routine restriction: 0-6 AM daily JilinTo protect the water quality of drinking water sources, the section of the Jihei Expressway between Hongqi and Fengman stations (Lanqi Bridge section) prohibits the passage of vehicles transporting hazardous chemicals. Vehicles can take a detour via the Huinwu Expressway or exit the highway at Hongqi and Fengman stations on the Jihei Expressway.For safety reasons, hazardous material vehicles are prohibited from passing through the Wunv Peak Tunnel on the Ji-Shuang Expressway. Vehicles carrying hazardous materials heading towards Ji'an via the Ji-Shuang Expressway should exit the highway at Qinghe Station in advance, while those heading towards Shuangliao (Tonghua) should exit at Wunv Peak Station beforehand.The Xianfengling Tunnel No. 1 and Xianfengling Tunnel No. 2 on the Yanchang Expressway prohibit the passage of hazardous material vehicles. Hazardous material vehicles intending to travel toward Yanji via the Yanchang Expressway should exit the highway at the Songjiang Station in advance and re-enter from the Helong Station. Those heading toward Changchun should exit at the Helong Station in advance and re-enter from the Songjiang Station.Regular traffic restrictions: 0-6 hours dailyNote: Some provinces have not yet released traffic restriction measures related to Qingming Festival. Let's take a look at today's plastic market spot prices:
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