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 […]
China’s butanediol market is facing a new supply question after Wuheng Chemical suspended operations at its No.1 BDO plant in Ningxia. Market sources told that the facility was taken offline on September 15, 2025, to undergo maintenance work. The company has not issued an official statement and has yet to confirm how long the shutdown […]
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 […]
Propylene prices moved lower in the Chinese market on Wednesday, reflecting persistent softness in regional demand, while values in neighboring South Korea held steady. Market participants said the downward trend in China underscored lingering concerns over slow downstream consumption and cautious purchasing activity. CFR China propylene was assessed at USD 795–805 per metric ton, a […]
Propylene prices remained unchanged across Europe on Wednesday, as sluggish buying activity and fragile downstream demand continued to weigh on market sentiment. Industry participants reported that despite stable assessments, overall mood in the market stayed cautious, reflecting persistent uncertainty in the broader economic environment. An industry source in Europe, who requested anonymity, told a team […]
China’s key polymer futures edged lower in the latest trading session, with contracts for linear low-density polyethylene (LLDPE), polypropylene (PP), polyvinyl chloride (PVC), and monoethylene glycol (MEG) all closing in negative territory as sentiment softened across commodity markets. On the Dalian Commodity Exchange, LLDPE opened at RMB 7,235 (about USD 846) and briefly climbed to […]
Xinjiang Tianye has successfully restarted operations at its No. 3 monoethylene glycol (MEG) plant in Shihezi, China, bringing fresh supply back to the domestic market after a scheduled maintenance shutdown. According to a market source in China, the unit resumed production in mid-September 2025 following a brief outage that began in early September for routine […]
South Korea’s SK Group is cutting ties with one of its highest-profile China ventures, moving to sell its entire 35% stake in Sinopec-SK Petrochemical, a dramatic retreat from commodity chemicals as global oversupply crushes margins. The sale, led by SK Geo Centric Co., a subsidiary of SK Innovation Co., is now in talks with China […]
On Tuesday, propylene prices in the United States showed little movement as market participants appeared cautious, with trading activity dipping amid a widening gap between what buyers are willing to pay and what sellers expect. According to an industry source, the overall undertone was stable but subdued. Polymer grade spot-delivered propylene was assessed at 32.50-33.00 […]
In the US, propylene prices remained broadly stable on Tuesday as trading volumes sagged. According to a source in the region, the market bore the mark of a disconnect between what buyers are willing to pay and what sellers are asking, keeping the pricing tone flat. Polymer grade propylene continued to trade in the 32.50-33.00 […]
We are the leading information provider of the Petrochemical Industry and Our team comes with a strong background of Petrochemical industry and has experience of over 28 years.
