The European ethylene contract price for October 2025 has been finalized, with no change from the previous month. A market source told that the settlement was agreed at €1130 per metric ton FD North West Europe, mirroring September’s level. The rollover comes as little surprise to industry players who had anticipated stability amid balanced fundamentals. […]
Propylene markets in Europe opened the week flat, with prices left unchanged on Monday. According to an industry source who spoke on condition of anonymity, the numbers held steady but the mood was subdued. Weak buying interest and sluggish demand fundamentals continued to weigh on downstream sectors across the region, leaving buyers hesitant to commit. […]
Shandong Yulong Petrochemical has temporarily shut down its No.1 Polypropylene (PP) unit in Yantai, China. Market sources told that the unit was taken offline on September 26, 2025, to undergo maintenance. The duration of the outage remains uncertain, with no official word from company representatives so far. The No.1 PP unit, which boasts a production […]
The U.S. propylene market delivered a split performance last week, with polymer grade propylene (PGP) slipping under the weight of oversupply and muted demand, while refinery grade propylene (RGP) held steady. An industry source told that the polymer grade spot market remains weak due to stable fundamentals. Oversupply and subdued downstream demand continue to exert […]
Ethylene spot prices in the U.S. softened last week, driven by a supply-demand imbalance. A source told that “abundant availability from consistent production has led to elevated stock levels, outpacing demand and pushing prices downward.” Key downstream sectors like packaging and construction have scaled back purchases, weakening sentiment and stalling any potential price recovery. Although […]
In response to languishing demand and an already saturated market, a number of Chinese petrochemical producers have scaled back operations at their propane dehydrogenation (PDH) units. The moves collectively affect about 3.8 million tonnes per year in propylene capacity. For many in the industry, this is a signal: the balance between supply and actual consumption […]
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 […]
Polymer-grade propylene prices edged lower in the US on Thursday, pressured by sluggish buying and a lack of trading momentum. A market source told a team member that spot PGP levels softened as participants stayed cautious, holding back fresh orders in the face of muted downstream demand. Delivered polymer-grade propylene in the US Gulf was […]
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