Polystyrene (PS) export prices in the United States witnessed a sharp downturn this week, as bearish market conditions weighed heavily on sentiment. The decline comes despite steady pricing in Asian markets, where momentum slowed due to the onset of seasonal holidays. According to an industry source in the U.S., weak downstream appetite combined with falling […]
This week, the U.S. polyethylene terephthalate (PET) market remained stable, with prices showing no movement despite ongoing discussions around tariffs and feedstock costs. Market sentiment reflected a cautious balance, as buyers and sellers continued to negotiate terms in an environment where trade-related costs remain a key factor shaping pricing dynamics. An industry source in the […]
This week, the European PVC market witnessed a notable divergence as spot prices tumbled while contract values held steady across the region. The downturn in spot pricing has raised concerns among market participants, particularly as the seasonal uptick in demand from the construction sector has so far failed to translate into meaningful price support. An […]
In an unexpected turn on Thursday, polymer grade propylene (PGP) prices in the United States edged lower even as crude oil values moved higher. Market participants were left surprised as the usual correlation between crude and propylene failed to hold. An industry source, speaking on condition of anonymity, revealed that the weakness was largely a […]
This week, Linear Low Density Polyethylene (LLDPE) prices adjusted downward across Asia, weighed by sluggish buying activity, competitive import offers, and broader pressures from the energy market. Market sentiment remained cautious as both buyers and sellers responded to shifting supply-demand fundamentals with restrained activity. An industry source in Asia, speaking on condition of anonymity, told […]
Ethylene prices moved higher in the United States on Tuesday, lifted by stronger trading momentum and firmer buying sentiment. Market participants reported that active discussions and a number of trades concluded at improved price levels gave a clear push to spot values. An industry source in the US, while speaking to a team member, confirmed […]
Polymer grade propylene (PGP) prices edged lower in the US on Tuesday, weighed down by muted trading activity and subdued demand. An industry source in the US, speaking on condition of anonymity, told a team member that spot PGP prices declined as market momentum remained soft. Spot delivered PGP was assessed at 29.00–29.50 cents/lb FD […]
Low-density polyethylene (LDPE) prices trended lower across Asia this week, pressured by weak demand, currency volatility, and rising competition from surplus cargoes. An industry source in Asia told a team member on condition of anonymity that OPEC+ has signaled a planned production hike in November, while crude exports have resumed from Iraq’s Kurdish region, collectively […]
PVC prices declined across Asia this week, weighed down by muted downstream demand, plentiful regional supply, and aggressive export offers from China. An industry source in Asia, speaking to a team member on condition of anonymity, said that OPEC+ has signaled a planned production hike in November, while the restart of crude exports from Iraq’s […]
Polypropylene (PP) prices slipped across much of Asia this week, pressured by sluggish demand, rising stock levels, and weaker upstream energy markets. An industry source in Asia, speaking to a team member on condition of anonymity, said the OPEC+ alliance has signaled a planned production hike in November, while the restart of crude exports from […]
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