International News - Brazil has canceled the temporary anti-dumping tax on nylon filament imported from China, specifically from Yiwu Huading Nylon Co. Ltd. This decision was made by the Brazilian Foreign Trade Commission (GECEX) due to public interest and is effective immediately [1]. Domestic News - The price of lithium hexafluorophosphate, a key raw material for lithium batteries, has surged dramatically, exceeding 170,000 yuan per ton. This represents an increase of over 240% compared to the year's low of 47,000 yuan per ton recorded in July [1]. - The market prices for polypropylene and polyethylene as of December 11 are as follows: - Polypropylene prices range from 5,900 to 6,900 yuan per ton across various regions [2]. - Polyethylene prices range from 6,540 to 10,250 yuan per ton, depending on the type and region [2]. - The market prices for gasoline and diesel on December 11 are reported as follows: - Gasoline prices range from 7,239 to 7,633 yuan per ton [2]. - Diesel prices range from 6,421 to 6,700 yuan per ton [2]. - The market prices for caustic soda on December 11 show a range of 720 to 1,310 yuan per ton, depending on the concentration and region [3]. - Methanol prices on December 11 vary from 1,520 to 2,270 yuan per ton across different markets [4]. - The prices for various chemical commodities on December 11 indicate slight fluctuations, with sulfuric acid priced between 985 and 1,045 yuan per ton, and acetone ranging from 4,060 to 4,130 yuan per ton [5].

Group 1: Polyester Fiber Market Overview - Polyester fiber is the most widely used synthetic fiber, expected to reach a global production of 79 million tons in 2024, accounting for 58% of the entire fiber market [1] - The compound annual growth rate (CAGR) for polyester fiber from 2010 to 2030 is projected to be 5.1%, driven by its durability and cost-effectiveness [1] - Polyester prices remain stable due to abundant supply, primarily influenced by the price of purified terephthalic acid [1] Group 2: Regional Demand and Growth Projections - Asia will continue to dominate global polyester demand, accounting for 86% in 2024, projected to rise to approximately 89% by 2034 [2] - China's polyester demand is expected to grow from 56 million tons in 2024 to 85 million tons by 2034, while South Asia's demand will increase from 7 million tons to 13 million tons in the same period [2] - Despite potential trade tensions between the U.S. and China affecting 2025 demand, long-term fiber consumption growth is anticipated to continue [2] Group 3: Styrene Demand in South Asia - South Asia is becoming a key player in driving global styrene demand, with significant imports from East Asia [3] - The region's average annual import growth rate for styrene from 2019 to 2024 is projected to be 5.3%, making it the largest styrene importing region by 2022 [3] - By 2030, South Asia's styrene imports are expected to reach approximately 1.5 million tons, driven by strong economic growth [3] Group 4: Competitive Landscape in Styrene Market - The competition in the South Asian styrene market is intensifying, with exporters from various regions, including the Middle East and the U.S., vying for market share [4] - China's role in the styrene market is changing, impacting the global landscape, while India is expected to emerge as a significant consumption center [4]