polyvinyl chloride
Feb 19th, 2010
US Demand for Independently Compounded Resins to Grow 2.9% pa in 2013
US demand for independently compounded resins is forecast to grow 2.9% pa to 7.6 billion lbs in 2013 as per Reportlinker. Total value, including additives, fillers and other production costs, will reach US$14.6 bln. Further thermoplastic inroads at the expense of metal, wood and glass will necessitate higher performance characteristics and a more competitive cost...
Feb 16th, 2010
Styrene-Butadiene Rubber (SBR): 2010 World Market Outlook and Forecast Been Recently Released by MarketPublishers.com
LONDON – The worldwide growth levels of Styrene-Butadiene Rubber (SBR) are pegged at 2-3%/y. By 2015, SBR consumption is anticipated to reach around 5.8 M tones.
China is expected to drive much of SBR demand and will be the fastest-growing market during the forecast period. Currently, China is adding new Styrene-Butadiene Rubber production facilities in order...
Feb 5th, 2010
Polycarbonate 2010 World Market Outlook And Forecast Recently Added by MarketPublishers.com
LONDON - Global annual polycarbonate demand growth is forecast to slow to around 5% between 2009-2015, from historical growth rates of around 7-8%. Key optical data storage application will continue falling as it’s superseded by other data storage options, losing its leading position to the electronics/electrical sector.
Sharp growth in demand from Blu-ray players...
Jul 1st, 2009
Price Trends of Oil, Polymer Feedstock and Commodity Polymers in Asia
CRUDE OIL
For the second consecutive week, crude oil prices have finished in the red, settling below US$70 in the week of June 29, 2009. Light sweet crude oil for August delivery settled at US$69.1, down by over one dollar for the week amid rough trading. The Energy Information Administration data indicated a 3.8 mln barrel...
Jun 24th, 2009
Price Trends of Oil, Polymer Feedstock and Commodity Polymers in Asia
CRUDE OIL
Crude oil prices dipped by over a dollar to US$71 per barrel in the week of June 22, 2009. Weak fuel demand despite data indicating a recovery in the global economy has kept crude oil pegged at US$71 per barrel. This marks a stop to four consecutive weeks of oil price hike. The weakening...
Jun 18th, 2009
Chinese PVC Producers Take Renewed Interest in Exports
Sources in China report that PVC producers in the country are beginning to take an increasing interest in the export market after having concentrated most of their energies on the domestic market for some time because of their very low operating rates. This week, an export offer for acetylene-based PVC was reported, the first official...
Jun 17th, 2009
Price Trends of Oil, Polymer Feedstock and Commodity Polymers in Asia
CRUDE OIL
In the week of June 15, 2009, crude oil prices have risen to new highs for the year to US$72.5, as compared to levels below US$35 in March. Interestingly, though oil prices have been rising for a month now, many analysts believe that the current oil valuation is not based on economic reality, but...
Jun 10th, 2009
Price Trends of Oil, Polymer Feedstock and Commodity Polymers in Asia
CRUDE OIL
At the end of the week of June 8, 2009, crude futures have retreated to US$68, after surging past US$70 midweek- to 6 month highs after release of a report indicating better-than-expected improvement in US jobs scenario. The latest employment report is an indication of the improving health of the US economy. The loss...
May 29th, 2009
Overcapacity Looms Large in Some of China’s Petrochemical Sub-Sectors
China’s petrochemical industry faces an overcapacity problem in some sub-sectors, according to statistics from China Petroleum and Chemical Industry Association (CPCIA ).
The operating rates of equipment in the ethylene, sodium carbonate, caustic soda, carbide, polyvinyl chloride, methanol and phosphate and refining sectors all ran below capacity in April.
Feng Shiliang, vice secretary of CPCIA, suggested that...
May 28th, 2009
China Launches PVC Futures Trading
China started the trading of polyvinyl chloride (PVC) futures contracts at 9 a.m. at DALIAN Commodity Exchange Monday, with September contract V909 opening 275 yuan higher at 6575 yuan per ton.
After steel futures and rice futures, this is the third new futures trading launched in China this year.
PVC is a kind of synthetic resin widely...
May 21st, 2009
Mitsubishi Chemical: Withdrawal from PVC Market?
Mitsubishi Chemical may divest its 27.5% stake in the PS Japan joint venture to its partners Asahi Kasei and Idemitsu and withdraw from the market, Japanese press reports say.
The company also is said to be planning to liquidate the V-Tech PVC joint venture in which it is majority shareholder. This would entail shutting the electrolysis,...
May 13th, 2009
Price Trends of Oil, Polymer Feedstock and Commodity Polymers in Asia
NAPHTHA
Naphtha prices in Asia have risen in line with rising crude oil prices and a buoyant crude oil market outlook in the week of May 11, 2009. Open-spec naphtha values for H2-June shipment settled at US$475/MT CFR Japan, with a persistent bullish trend.
ETHYLENE
Bouyant feedstock movement has not had a major impact on ethylene prices in...
Apr 20th, 2009
Asian PVC Continues Bull Run as Price Rises $70/mt
The Asian polyvinyl chloride market was on a bull run again this week as buyers widely accepted a $70/mt price increase for May delivery cargoes, market sources said Wednesday.
Chinese buyers and Northeast Asian producers settled May-delivery PVC cargoes at around $730/mt CFR China main ports, up from $660/mt settled for April delivery.
Chinese buyers...
Apr 17th, 2009
Solvay Indupa to Produce Green PVC from end of 2010
Solvay Indupa plans to start producing 100,000 tpa of “green” polyvinyl chloride (PVC) from the end of 2010 in Santo André, São Paulo state. The company, a Brazilian subsidiary of Belgium-based chemical group Solvay, is currently constructing a sugarcane ethanol-based 60000 tpa ethylene plant, which will be used as feedstock in the PVC production chain....
Apr 9th, 2009
Price Trends of Oil, Polymer Feedstock and Commodity Polymers in Asia
CRUDE OIL
May delivery crude oil prices ended the week of April 6, 2009 at US$52.6 on the Nymex. Brent crude also ended at similar levels, rising as world leaders announced measures to fight the global recession at the G20 meet in London. The leaders at G20 pledged over US$1 trillion in emergency aid mitigate the...
Apr 1st, 2009
Price Trends of Oil, Polymer Feedstock and Commodity Polymers in Asia
CRUDE OIL
At the end of the week of March 30, 2009, New York’s main futures contract, light sweet crude for delivery in May dipped by over a dollar to US$51.25 a barrel, while Brent North Sea crude fell to US$51. Oil futures have dipped on concerns of short-term performance of the equity markets, as US...
Mar 25th, 2009
Price Trends of Oil, Polymer Feedstock and Commodity Polymers in Asia
CRUDE OIL
US light, sweet crude prices that surged by 7% on Thursday, saw a marginal dip to end the week of March 23, 2009 at US$51. The dip was triggered by yo-yoing stock markets and expiry of April contract. Oil prices that rose on Thursday after the Fed announced its plan to buy long-term government...
Mar 17th, 2009
Price Trends of Oil, Polymer Feedstock and Commodity Polymers in Asia for t…
NAPHTHA
As crude oil prices lingered in the high 40’s, naphtha prices in Asia also continue on their uptrend in the week of March 16, 2009. Open-spec naphtha for H2-April delivery closed at US$410/MT CNF Japan.
ETHYLENE
In the week of March 16, 2009, Taiwan’s Formosa Petrochemical Corp will resume operation of its No.1 naphtha unit after...
Mar 11th, 2009
Price Trends of Oil, Polymer Feedstock and Commodity Polymers in Asia for t…
CRUDE OIL
Benchmark crude for April delivery ended the week of March 9, 2009 at US$43.74 a barrel by midday in Singapore on the Nymex, despite news of bleak corporate performance. The rise can be attributed mainly to investor optimism that falling US gasoline could result in an increase in demand for crude oil. Currently,...