High-density polyethylene (HDPE) prices across Asia drifted lower this week as a combination of global and regional forces created a subdued trading environment. A market source noted that lingering geopolitical tensions from the Russia-Ukraine conflict continue to raise concerns about global supply disruptions. At the same time, expectations of a potential U.S. Federal Reserve rate […]
A source in Taiwan reports that Formosa Plastics Corporation (FPC) is planning a maintenance turnaround at its acrylonitrile (ACN) unit in Mailiao in the July-August 2026 timeframe. The source noted that the precise date and shutdown duration have not yet been finalized, and FPC has not issued an official confirmation. The ACN unit in question […]
European ethylene prices offered a blend of upward and downward cues on Tuesday, reflecting the tug-of-war between limited demand and early restocking activity. Assessments for CIF Northwest Europe (NWE) moved slightly higher to USD 745-755 per metric ton, a modest day-on-day uptick of USD 5/mt. However, some market participants highlighted a softer undertone despite this […]
A source in China has revealed that Zhejiang Petroleum & Chemical (ZPC) has taken its No.1 Styrene Monomer (SM) plant in Zhejiang off stream for maintenance. The shutdown reportedly began around September 15, 2025, though the exact duration remains uncertain as the company has yet to issue an official confirmation. The No.1 SM plant has […]
According to a source in Taiwan, PTT Global Chemical has reportedly shut down its No.1 phenol and acetone plant in Map Ta Phut, Thailand, due to a mechanical issue. The stoppage is believed to have begun around September 15, 2025, though how long the unit will remain offline is still unconfirmed and no official statement […]
A source in China confirms that a Saudi Arabian producer has reportedly put forward an offer of USD 900 per metric ton for its HDPE (High-Density Polyethylene) film grade. The offer is based on a CFR China Main Port delivery and is intended for October 2025 shipment. Market watchers suggest that this pricing indicates a […]
A source in Vietnam has revealed that a US producer is reportedly putting forward an offer for its HDPE (High-Density Polyethylene) Film grade in the USD 860-870 per metric ton range. The price is quoted on a CIF Ho Chi Minh Port basis and applies to shipments scheduled for October 2025. Industry insiders believe this […]
A source in China reports that a producer from the Middle East has floated an offer for HDPE (High-Density Polyethylene) film grade at USD 925 per metric ton, for cargo to be shipped in October 2025 on a CFR China Main Port basis. This latest offer appears to reflect softening supply-side pressure, but also indicates […]
Propylene prices in the United States saw no change on Monday, locking in the same assessment as last Friday even as cracks appeared in market alignment. An industry source in the US, speaking under condition of anonymity, informed that the pricing undertone remained largely stable, but trading activity had slowed down sharply. Much of the […]
Methanol prices in the United States rose modestly on Monday, tracking bullish momentum from Asia and Europe and responding to tighter supply dynamics. According to a source, buyers and sellers alike noted deals being struck at higher price levels, while supply-shortages added further upward pressure. The U.S. Gulf FOB benchmark for methanol was assessed at […]
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