Hengtai Futures: PP Market's Inventory Pressure Remains Evident, Short-Term Maintains Fluctuation

According to foreign media reports, BASF's fuming sulfuric acid production facility at its site in Antwerp, Germany, has been damaged, leading the company to announce issues with the production of polyamide 6 and 6/6.6 base polymers (Ultramid).®The supply of B and Ultramid® C, caprolactam, and ammonium sulfate has been affected by force majeure. Both the Antwerp and Ludwigshafen production sites are impacted. A BASF spokesperson stated, "Structural damage was found in the fuming sulfuric acid production facility during routine maintenance." Production has currently been suspended, and repair work has begun. It is not clear when the plant will be able to resume production.

On November 5, Kaisheng New Materials stated on the interactive platform that its PEKK products have already been applied in various fields such as additive manufacturing, spraying, and military aerospace. Meanwhile, the company is closely tracking the development trends of lightweight special materials in the fields of electronic information, rehabilitation medical devices, and robotics, and is actively expanding its domestic and international markets.

Tesla's sales in the European market continue to be sluggish, with significant declines in several major countries this year. Sweden saw the most severe drop, with only 133 new cars registered last month, a staggering 89% year-on-year decrease. Sales in Norway and the Netherlands have roughly halved, while Spain's sales have also fallen by nearly a third. This trend has persisted for several quarters, reflecting the severe challenges Tesla is facing in the European market.

Seres Automobile Co., Ltd. publicly announced a patent on November 4th titled "Method, System, and Vehicle Terminal for Folding Steering Wheel Based on Multiple Scenarios." This patent aims to achieve intelligent control, enabling the automatic folding and adjustment of the steering wheel in various usage scenarios, thereby enhancing the flexibility of interior space and user experience. It may also support future advanced intelligent cockpits and autonomous driving scenarios.

It is currently a crucial period for autumn harvest and autumn planting, and the demand for agricultural polyethylene film materials is strong. To fully ensure market demand,Yangzi PetrochemicalPrioritize the production of linear low-density polyethylene and related film products. Since October, the output of agricultural film products has increased by 5.2% year-on-year. Based on the guarantee of raw material supply, Yangzi Petrochemical focuses its superior technical resources on increasing production of the polyolefin film materials series for agricultural film through multiple channels, with a daily capacity of nearly one thousand tons. At the same time, it addresses the issues that arise during the production process of agricultural film materials.Yangtze PetrochemicalBy precisely controlling key parameters such as the melt index of the product, and closely monitoring every stage from raw material preparation, index adjustment, to real-time monitoring of particle appearance, we ensure that the quality of agricultural film materials fully meets the standards. In addition, the company has strengthened collaboration with the sales department to ensure smooth logistics, guaranteeing that products are delivered to downstream manufacturers in a timely manner, thus ensuring the production and supply of agricultural film products to support autumn harvest and planting.