A fresh import offer has surfaced in South Africa’s PVC market, with a Saudi-based producer quoting PVC suspension resin, Grade 67S, for August 2025 delivery on a CFR Durban/Cape Town basis at USD 780 per tonne, according to a Polymerduniya source in South Africa. This latest offering registers at a discount compared to earlier quotes for May […]
A Chinese producer has surfaced with a fresh offer for PVC carbide resin (SG5 grade) at USD 670 per tonne on an August 2025 CFR Chattogram basis, according to a Polymerduniya market contact in Bangladesh.. The SG5 grade, characterized by a K value of 66–68, is widely used for durable pipe and rigid vinyl products in […]
Reliance Industries Ltd (RIL) has announced a fresh price increase for bottle‑grade PET resin in the Indian domestic market. According to a domestic industry source, prices will rise by ₹3 per kilogram, effective August 1, 2025, reflecting ongoing cost pressures in feedstocks and logistics. This follows earlier partial increases by the company in May (₹1.50/kg) and […]
On Wednesday, U.S. propylene prices remained unchanged despite a muted market outlook. Polymer-grade (PGP) spot prices held at 34.50–35.00 ¢/lb FD US Gulf, while refinery-grade spot remained firm at 31.50–32.00 ¢/lb, according to an industry source who requested anonymity. Market participants attributed the flat pricing to persistent low demand from downstream polypropylene converters and abundant spot supply. […]
On Wednesday, U.S. ethylene prices retreated modestly as weaker deal levels emerged in the merchant market. The FD US Gulf spot rate was assessed at 28.00–28.50 ¢/lb, down 0.50 ¢/lb from Tuesday, according to a U.S.-based industry source. The bearish tone reflected softer buying inquiries and subdued downstream demand, as participants sought lower levels to secure volumes. […]
A Polymerduniya source in Bangladesh reports that a Chinese producer has offered both polypropylene yarn and injection-grade resin for delivery to Chattogram (Chittagong) port in August 2025, priced between USD 920–930 per tonne CFR. This price point appears competitive compared to prior June offers when Chinese injection grade was assessed around USD 950/mt CFR, and raffia levels […]
European ethylene markets slipped on Wednesday, with CIF Northwest Europe assessed at USD 815–825/mt, down USD 5/mt from Tuesday, despite rising upstream energy costs. The persistent sluggishness in downstream demand and buyer reluctance have weighed on sentiment, market sources reported. In contrast, FD NWE ethylene prices remained unchanged at €720–730/mt, signaling a divergence between international CIF and […]
Propylene markets in Europe weakened on Wednesday, with both CIF NWE and spot polymer-grade prices retreating amid sluggish demand and growing inventory pressure. CIF NWE prices dropped by €20/ton, settling at €720–730/mt, while spot polymer-grade propylene also fell to €710–720/mt FD NWE, reflecting buyer caution and oversupply ([turn0search0]). Market sources noted that weak fundamentals diminished […]
Propylene prices in Korea fell modestly on Wednesday amid weakening regional demand, while Chinese pricing remained unchanged. FOB Korea assessments dropped by USD 10/mt, settling at USD 725–735/mt, from Tuesday levels. A market insider attributed the slide to “weak regional buying sentiment,” as downstream converters remained cautious and refrained from restocking. In contrast, CFR China propylene prices […]
Asia’s ethylene prices held steady on Wednesday, with CFR Northeast Asia assessed at USD 815–825/mt and CFR Southeast Asia at USD 825–835/mt, unchanged from the previous day. “A subdued trading environment persisted, with buyers remaining cautious despite rising naphtha costs that normally lift ethylene values,” said an industry source based in Asia, who requested anonymity. Market activity […]
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