On Tuesday, ethylene prices in the U.S. Gulf Coast gained 0.50 cents/lb, climbing to 26.50–27.00 cents/lb FD US Gulf, driven by a surge in trade activity and stronger market discussions. An industry insider told Polymerduniya that the upturn was triggered by reports of concluded trades at higher levels, underscoring increased buyer engagement. Meanwhile, Northeast Asian markets […]
Chengdu Yulong Chemical has taken its melamine plant in Chengdu, Sichuan, offline as of August 4, 2025, the company confirmed, cessation follows the initiation of maintenance activities at the facility. Further details on the expected duration of the outage remain undisclosed, according to a Polymerduniya-based industry source.. The Sichuan-based plant, designed with an annual production capacity […]
On Tuesday, U.S. propylene prices fell as lower upstream crude values and subdued regional buying weighed on sentiment. A U.S. industry insider told Polymerduniya that “the price fall was on the back of weaker upstream crude values and softer regional buying inquiries.” Refinery-grade spot delivered propylene prices were assessed at 30.50–31.00 cents/lb FD US Gulf, down […]
The United States is on the verge of finalizing an extension to its tariff truce with China, President Donald Trump has indicated, as talks advance toward securing a new agreement before the current arrangement expires on August 12, 2025. The truce, originally established in mid-May and solidified through preliminary agreements in May and June, halted […]
On Monday, CIF Northwest Europe (NWE) ethylene prices were unchanged at USD 800–810/mt, while FD NWE levels held steady at €705–715/mt, both in line with Friday’s assessments. The European market maintained a cautious tone as purchasing activity remained muted, with an anonymous industry source noting, “Purchasing activity in the region remained subdued,” and that buyers […]
Despite weakening energy values, ethylene prices in Asia held steady on Monday, defying expectations of a downturn. Market participants reported limited trading activity, as buyers and sellers remained on the sidelines, hesitant to commit amid falling naphtha prices and broader market uncertainty. According to an industry source who spoke to Polymerduniya on condition of anonymity, […]
In the U.S. polymer market, polymer-grade propylene (PGP) prices inched lower on Monday, reflecting a soft trading tone and lackluster demand. According to an anonymous industry source speaking to Polymerduniya, “spot PGP prices fell due to a weak trading momentum and subdued demand conditions.” PGP spot delivered prices were assessed at 32.00–32.50 cents per pound […]
Benzene prices weakened in both the United States and Asia this week, reflecting subdued demand and cautious market sentiment amid growing economic uncertainty. In the United States, downstream buyers are showing restraint. On Wednesday, benzene prices were assessed at 268.00–268.10 cents/gallon FOB US Gulf, marking a $0.01 drop (–1 cent/gallon) compared with last Friday’s levels, […]
In a move that has stirred attention within India’s polymer industry, Haldia Petrochemicals Ltd (HPL) has unveiled a short‑duration “Early Bird” discount of ₹2.50 per kilogram on polypropylene (PP) grades for domestic buyers. The offer, valid only from August 1 through August 15, 2025, is aimed at accelerating early bookings and dispatches, according to a […]
thyssenkrupp Uhde’s subsidiary Uhde Inventa-Fischer has signed a letter of intent (LOI) with the Türkiye packaging producer KÖKSAN for the delivery of two PET production plants. The first plant will be located in Gaziantep, Turkiye, and the second one – together with Al Mutahida Packaging – in Babylon, Iraq. Each production line will have a […]
We are the leading information provider of the Petrochemical Industry and Our team comes with a strong background of Petrochemical industry and has experience of over 28 years.
