Wanhua Petrochemical (Yantai) has taken its caustic soda unit offline for scheduled maintenance, industry sources confirmed. According to a Polymerduniya contact in China, the unit was shut in mid-August 2025 and is expected to remain out of operation until the end of September. The source added that while the shutdown is said to be part […]
China’s major petrochemical futures closed in positive territory on Monday, with LLDPE, PP, PVC, and MEG all posting modest gains. LLDPE (l2601) opened at RMB 7,390 (USD 859) and moved within a narrow range of RMB 7,428 (USD 863) to RMB 7,388 (USD 859) before settling at RMB 7,423 (USD 863). The contract ended 0.51% […]
Polymer grade propylene (PGP) prices in the United States moved higher last week, while refinery grade propylene (RGP) values held flat. An industry source told Polymerduniya on condition of anonymity that the uptick in PGP was linked to increased trading activity for September, following weeks of price weakness in a long-supplied market with subdued demand. […]
Heilongjiang Longjiang Chemical is preparing to temporarily shut down its phenol and acetone production facility in Daqing by early September 2025 for scheduled maintenance. While the specific duration of the outage remains unconfirmed, the suspension will impact a plant with significant regional capacity, producing up to 220,000 metric tons of phenol and 130,000 metric tons […]
Kumho P&B Chemicals is reportedly gearing up for a shutdown of its epoxy resin units in Yeosu, South Korea, slated for September 2025. The company, however, has not confirmed the exact date or the expected duration of the interruption. Situated within the strategic Yeosu industrial complex, the three epoxy resin lines targeted for shutdown possess […]
The US polymer market endured another week of downward pressure, as export prices across most grades slipped in response to abundant supply and sluggish international demand. Producers and traders grappled with mounting competition in key global markets, while buyers remained reluctant to commit beyond immediate needs, anticipating further concessions. In HDPE, spot export prices fell […]
The European polymer complex remained subdued in August, with most grades under pressure from weak demand, heavy inventories, and the seasonal holiday slowdown. While some contracts rolled over, spot markets reflected more noticeable declines, as buyers avoided fresh commitments and sellers struggled with oversupply. In HDPE, spot values drifted lower while contract settlements mostly rolled […]
The Asian polyethylene and polypropylene markets remained subdued this week, with prices either holding steady or easing across most segments. Market sentiment was cautious, shaped by geopolitical headlines, seasonal shifts, and regional supply developments. Peace talks between Ukraine and Russia, reportedly pushed by a US-led diplomatic effort, sparked hopes of lower crude oil prices, but […]
A Polymerduniya source in China has shared that a Saudi Arabian producer is reportedly offering Linear Low-Density Polyethylene (LLDPE) in the highly specialized film grade for wire and cable applications at approximately USD 950 per metric ton on a CFR basis into China’s main ports, targeting September 2025 shipments. This offer arrives at a pivotal […]
Fuhaichuang Petroleum and Petrochemical is preparing to recommence operations at its orthoxylene (OX) plant in Gulei by the end of August 2025, according to a Polymerduniya source. The plant, which has been offline since late June for maintenance, is scheduled to restart at the close of the month. The facility boasts a substantial annual production […]
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