Polypropylene prices in Europe softened again this week, weighed down by weak demand and abundant supply. Market players had hoped for a September restocking bounce, but the usual seasonal uptick never arrived. “The typical September restocking did not occur this year, leading to an oversupply,” one trader told a team member. Producers struggled to move […]
S-Oil Corp is preparing to take its No.1 residue fluid catalytic cracker (RFCC) unit in Onsan, South Korea, offline for a scheduled maintenance turnaround later this year, according to market sources. A contact in South Korea said the refinery plans to begin the outage by mid-October 2025, with operations expected to remain suspended until the […]
INEOS Oxide is expected to take its glycol ether unit in Lavera, France, offline for planned maintenance later this year, according to market sources familiar with the company’s operations. A contact in France said the plant is tentatively slated for a turnaround sometime between October and November 2025, though the exact timing and length of […]
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,” […]
Propylene prices in the United States held flat on Wednesday, with a quiet trading day keeping the market calm and widening the gap between buyer and seller expectations. An industry source, speaking on condition of anonymity, told a team member that the pricing undertone remained largely stable as participants stayed on the sidelines. “There was […]
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 […]
Propylene markets in the United States showed no movement on Tuesday, with traders reporting a quiet session and balanced fundamentals. An industry source told Polymerupdate that regional demand remained flat, leaving prices unchanged from the start of the week. Polymer-grade spot delivered propylene held at 31.50–32.00 cents per pound FD US Gulf, while refinery-grade material […]
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