Liaoning Kingfa ABS Prices Lowered

Recently, the Silleno polyethylene project in Atyrau, Kazakhstan, has successfully commenced construction. The project has a total investment of 7.7 billion USD, with a designed annual production capacity of 1.25 million tons of polyethylene, and is planned to be completed and put into operation by 2029. Once operational, the project will meet 90% of Kazakhstan's domestic polyethylene market demand, with products also being exported to markets in Europe, China, and other regions. This project is a landmark for the deepening pragmatic cooperation among China, Russia, and Kazakhstan in the high value-added petrochemical industry. The implementation and construction of this project further consolidates Second Chemical Engineering Construction Corporation’s overseas engineering achievements and adds another outstanding result to its overseas market layout.

Reported on June 8: PetroChina South China lowered its ABS prices by RMB 200/ton. Jieyang 0215A is listed at RMB 9,700/ton, 0215H at RMB 9,700/ton, 0215E at RMB 9,700/ton, HF681 at RMB 10,000/ton, and 2437 at RMB 9,300/ton. PetroChina’s Daqing Petrochemical ABS unit has a capacity of 300,000 tons/year, while the (Jilin Petrochemical) Jieyang ABS unit has a capacity of 600,000 tons/year.

Reported on June 8: Liaoning Jinfab’s ABS unit has a production capacity of 600,000 tons/year. Prices were lowered this week. The current offer for grade KF730 is RMB 12,300/ton delivered to the East China market and RMB 12,300/ton delivered to the South China market. Actual transactions are negotiable.

Xiangcai SecuritiesWith the explosive growth of the global humanoid robot industry, the screw rod market is entering a golden development period. The mass production of humanoid robots directly drives the demand for core transmission components. For example, according to reports from Zhijie Observation Station, a single humanoid robot requires 14 planetary roller screws (for linear joints) and 12 miniature ball screws (for dexterous hands). The value proportion of planetary roller screws is as high as 19%, making it the core component with the highest value in humanoid robots. Given the high technical barriers of manufacturing planetary roller screws and the clear incremental space brought by the explosion of the humanoid robot market, it is recommended to focus on screw rod manufacturers with positive research and development design capabilities, breakthroughs in internal thread precision grinding technology, and those that are deeply integrated into the humanoid robot industry chain.

Recently, Tianjin Nangang Ethylene’s new polypropylene grade product, r-TPO (reactor thermoplastic polyolefin) PPB-MP28, was exported to South Korea for the first time, successfully entering the local high-end automotive raw materials market. Featuring excellent properties such as high impact resistance and low odor, the product is mainly used for modification processing and is applied in key components such as interior trims and bumpers for Korean-brand automobiles.