Over the next two years, China is set to implement an ambitious blueprint to reshape its petrochemical industry, one that tightens the reins on raw expansion and nudges the sector toward smarter, sustainable development. At the heart of the plan is a firm decision: no unchecked new refining capacity. Any additional refining must come through […]
US ethylene prices were unchanged on Thursday, reflecting another quiet trading day and a lack of fresh market drivers. A Gulf Coast industry source told a team member that discussions remained muted, with participants largely staying on the sidelines. Spot assessments held firm at 20.00–20.50 cents per pound FD US Gulf, rolling over from Wednesday […]
Linear low-density polyethylene export prices in the US steadied this week, breaking a two-week slide as buyers and sellers paused for clearer direction. A US market source told a team member that spot activity slowed as participants waited for fresh October pricing signals. Many chose to delay new deals, keeping sentiment cautious despite no real […]
Ethylene prices in the United States were largely unchanged on Wednesday, with market activity subdued and discussions remaining muted. An industry source told a team member that the overall tone was calm, with participants showing little urgency to strike new deals. “U.S. ethylene prices remained stable amid muted market conditions, with market discussions heard subdued,” […]
Ethylene prices eased in Northeast Asia on Wednesday, slipping as regional demand lost steam, while Southeast Asian values held their ground. CFR Northeast Asia ethylene was assessed at USD 835–845 per metric ton, down about USD 5 from Tuesday’s level. An industry source, who asked not to be named, told a team member that “ethylene […]
Ethylene prices edged lower across Europe on Tuesday, weighed down by hesitant buyers and a market still awash with supply. Traders said high inflation and elevated interest rates are keeping downstream demand soft, undermining any lift from recent production cutbacks. Market sources told that even with European producers trimming output, the region remains oversupplied, leaving […]
High density polyethylene prices slipped across several Asian markets this week, while remaining flat in others, as weak demand and holiday slowdowns kept trading subdued. A regional source told that rising international crude prices, driven by the protracted Russia-Ukraine conflict and uncertainty over potential new U.S. sanctions, have done little to lift sentiment in the […]
Low density polyethylene prices edged lower across South Asia this week, with traders staying cautious despite the backdrop of rising global oil prices and simmering geopolitical tension. A regional source told Polymerupdate that crude’s upward march, fueled by the Russia-Ukraine conflict and uncertainty over possible new U.S. sanctions on oil producers, has done little to […]
PVC prices across Asia stayed flat this week, with traders largely unmoved despite rising global oil prices and persistent geopolitical tension. Market participants pointed to balanced supply and demand as the main reason for the quiet tone. A regional source told that even with crude continuing its upward climb amid the Russia-Ukraine conflict and the […]
Ethylene markets showed little sign of life on Tuesday, with prices holding steady on both sides of the Pacific as traders reported muted activity. In the United States, an industry source told that buying and selling interest remained thin, keeping ethylene values unchanged. Assessments stayed at 20.00–20.50 cents per pound FD US Gulf, the same […]
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