Propylene prices in the United States held steady last week, underscoring a market weighed down by weak demand and ample supply. A U.S.-based industry source told that spot propylene saw no transactions and no price movement as persistent low demand from downstream markets and swollen inventories kept buyers sidelined. While some participants anticipate a price […]
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. […]
Xinjiang Tianye has reportedly taken its large No. 3 monoethylene glycol (MEG) unit in Shihezi, Xinjiang, offline for maintenance around September 19, 2025, according to multiple China-market sources. The company has not issued an official announcement, and the expected duration of the shutdown remains unknown. The unit in question carries a 600,000 metric tons per […]
Propylene prices in the United States showed no movement on Thursday, extending a week-long pattern of muted trading and steady assessments. Market participants described an atmosphere of quiet caution, with buyers and sellers content to wait for clearer signals before committing to fresh volumes. A Gulf Coast trader told a correspondent that sentiment remains subdued […]
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 […]
U.S. polypropylene (PP) export prices slipped again this week, underscoring a market that continues to wrestle with slack demand and stubbornly high buyer inventories. Despite some of the most competitive offers seen this year, overseas customers remain largely indifferent, leaving producers and traders to contend with a persistent glut and mounting pressure from low-cost Asian […]
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 […]
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