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  • rising operating rate of CPL and nylon 6 chip plants, the market is forming a new balance

    2021-12-24

    s far as the current market is concerned, the market trend is completely unpredictable in both the short-term and the medium-long-term. The bull and the bear almost take 50% chance each. However, considering the upcoming end of the year, and relatively low operating rate throughout the year, it is q Read More

  • CPL plants are now in a satisfactory zone with benzene cost

    2021-12-24

    As mentioned above, CPL plants are now in a satisfactory zone with benzene cost. And the situation is also similar in chip producers. After the continuously drop in CPL and slower decline in chip spot, nylon 6 chip plants are now in a satisfactory zone of profit margin. Current price different betwe Read More

  • Inventory of nylon 6 chip is not high or controllable

    2021-12-24

    The operating rates of downstream nylon 6 chip plants have been maintained relatively low in the past few months, and inventory is also controlled. This is particular in nylon 6 conventional spinning (CS) chip plants, as most CS chip plants kept low rate of stocks and only a few prepared slightly mo Read More

  • CPL suppliers' inventory is actually not high either

    2021-12-24

    CPL suppliers' inventory is actually not high either. The prices of other raw materials other than benzene have also generally dropped. The increase in the price of by-product ammonium sulfate can basically flatten the cost of liquid ammonia and sulfuric acid (ammonium sulfate 2,100yuan/mt, liquid a Read More

  • The low inventory in CPL buyers is mainly because of buyers' cautious attitude in restock

    2021-12-24

    The low inventory in CPL buyers is mainly because of buyers' cautious attitude in restock, when upstream prices continuously have dived. Before the end-Nov slump in crude oil, some players believed that 13,500yuan/mt would be a target bottom line and polymer plants might start building stock from th Read More

  • PET bottle chip plants may sustain price firm within short

    2021-12-24

    Overall, PET bottle chip plants may sustain price firm within short, and processing spread may improve in the future. Speculative space may be squeezed. Forward orders, particularly for post-Spring Festival holiday delivery ones, market competition may become fierce, in order to lock the high proces Read More

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