China’s polymer futures market displayed a mixed performance, with prices for key contracts moving in narrow ranges amid subdued sentiment. The LLDPE (l2601) contract opened at RMB 7,234 (USD 834) and fluctuated between a day high of RMB 7,247 (USD 846) and a low of RMB 7,222 (USD 843), before settling at RMB 7,226 (USD […]
Polypropylene (PP) prices slipped across the Asian region this week, pressured by lower import offers from overseas suppliers and sluggish demand from regional buyers. An industry source in Asia, who requested anonymity, explained that the broader energy complex has provided some stability, with crude oil expected to remain range-bound to slightly positive. Heightened tensions in […]
Polyethylene terephthalate (PET) prices in the Asian region remained unchanged this week, reflecting the fragile balance between muted demand and sustained cost pressures faced by producers. An industry source in Asia, speaking on condition of anonymity, noted that the broader energy complex has offered some support to market sentiment, with crude oil expected to stay […]
Lotte INEOS Chemical is preparing to take offline its acetic acid unit in Ulsan, South Korea, for a planned maintenance turnaround. According to market sources, the company is expected to halt operations at the facility by mid-October 2025. While the specific duration of the shutdown has not yet been revealed, the move is drawing attention […]
Sino-Korean Petrochemical has temporarily taken offline its high-density polyethylene (HDPE) unit in China, according to market sources. Industry participants reported that the company halted operations at the facility around September 5, 2025, citing maintenance work. While the exact duration of the outage has not been disclosed, the shutdown has stirred speculation among traders and buyers […]
Aramco, China Petroleum & Chemical Corp. (Sinopec), and Fujian Petrochemical Company Ltd. (FPCL) have launched a new joint venture, Fujian Sinopec Aramco Refining and Petrochemical Co., Ltd, to develop a large-scale integrated refining and petrochemical complex in China’s Fujian province. The partnership, officially announced at a signing ceremony in Xiamen on 7 September 2025, underscores […]
Ethylene prices in the United States started the week on a softer note, with values edging lower as trading activity reflected weaker sentiment. Market sources reported that deals were concluded at reduced levels, putting downward pressure on prices across the US Gulf region. On Monday, ethylene was assessed at 20.00–20.50 cents per pound FD US […]
Crude oil futures began Monday’s early trading session on a firmer note, with both WTI and Brent benchmarks moving upward as market sentiment found support from supply-side concerns and steady global demand outlooks. Traders pointed to expectations of tighter balances in the months ahead as a factor lending strength to crude prices despite lingering macroeconomic […]
Polymer futures on the Dalian Commodity Exchange closed Monday’s session on a mixed note, with some contracts slipping lower while others managed to hold firm. Market participants reported cautious trading activity, with sentiment weighed down by global demand uncertainties and fluctuating feedstock costs, though some products showed resilience. In the LLDPE (l2601) contract, prices opened […]
Ethylene markets across Europe and Asia opened the week without any notable price movement, as cautious trading and muted demand continued to shape market dynamics. Market participants in Europe highlighted subdued buying activity, with many buyers choosing to remain on the sidelines in response to ongoing uncertainties in both feedstock and downstream sectors. In the […]
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