Ethylene prices in Europe opened the week on a firmer note, with CIF Northwest Europe (NWE) values assessed on Monday at USD 745–755 per metric ton, reflecting a modest gain of USD 5 from Friday’s closing range. Market participants said sellers moved to lift their offers in an effort to recover thinning margins, a sign […]
U.S. ethylene spot prices stayed flat last week, a sign of steady production and long market conditions that continue to define the Gulf Coast trade. A U.S. industry source told that spot prices were unchanged as the region remained oversupplied. Downstream, export polyethylene prices kept sliding on soft demand and heavy inventories, but ethylene producers […]
Ethylene prices eased in parts of Asia last week while holding steady across Southeast Asia, reflecting a market caught between ample supply and guarded demand. An industry source speaking on background told that lower-priced November-arrival U.S. cargo offers into Northeast Asia, combined with weak demand from polyethylene and styrene makers and adequate regional supply, pushed […]
China Petroleum & Chemical Corporation (Sinopec) has turned the first sod on a sweeping upgrade of its Tahe integrated refining and petrochemical complex in the resource-rich Xinjiang region, a move aimed at boosting both refining and higher value petrochemical output. The upgrade will increase the plant’s crude oil refining capacity from 5 million tons per […]
Korea Petrochemical Industry Co (KPIC) is reported to be planning a significant maintenance turnaround of its cracker at Onsan in the fourth quarter of 2026, according to a source in South Korea. While the shutdown schedule is tentative and both the date and duration are yet unconfirmed, market watchers are already bracing for the impact. […]
High-density polyethylene (HDPE) prices across Europe continued their steady retreat this week, weighed down by an unrelenting glut of material and buyers who remain firmly on the sidelines. September has delivered little in the way of relief for producers or distributors, as both spot and contract markets confront swelling inventories and lackluster downstream demand. Market […]
Low-density polyethylene (LDPE) export prices in the United States moved lower this week, extending a steady downward trend brought on by ample supply and muted buying interest. Market participants told that spot values eased as sellers faced the twin challenge of elevated inventories and subdued demand from key downstream sectors such as packaging and film. […]
Ethylene pricing in the United States showed little movement on Thursday, reflecting the quiet tone that has characterized the market in recent weeks. Market participants told that trading activity remained subdued and discussions thin, leaving spot assessments unchanged from the previous session. Industry sources, speaking on condition of anonymity, said that producers and buyers alike […]
High-density polyethylene (HDPE) prices across Latin America continued their downward march this week, pressured by swollen inventories and a sluggish regional economy that has kept buyers cautious. Market participants told that converters remain hesitant to absorb new material while macroeconomic conditions, ranging from soft consumer demand to tighter financing, make it difficult for them to […]
Ethylene markets were largely unmoved on Wednesday, with prices holding steady in both the United States and Asia amid subdued trading interest and limited buying activity. Market participants reported that sentiment remained cautious, reflecting a wait-and-see approach from both producers and consumers. In the U.S. Gulf region, ethylene was assessed at 20.00–20.50 cents per pound […]
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