Ethylene markets across Europe and Asia opened the week without any notable price movement, as cautious trading and muted demand continued to shape market dynamics. Market participants in Europe highlighted subdued buying activity, with many buyers choosing to remain on the sidelines in response to ongoing uncertainties in both feedstock and downstream sectors. In the […]
Propylene markets in both Europe and Asia began the week on a stable note, with prices showing no significant changes from the previous trading session. Market participants report that steady demand across key downstream sectors is keeping values supported, even as broader energy and feedstock markets remain volatile. In Europe, spot polymer-grade propylene prices on […]
Ningbo Kingfa Advanced is preparing to shut down its propane dehydrogenation (PDH) unit located in Zhejiang province, China, for a planned maintenance program. According to information shared by a market source, the unit is expected to be taken offline around September 9, 2025, with operations likely to remain suspended until the end of the month. […]
Open-spec naphtha prices in Asia began the week on a softer note. On Monday, bids for the first half of September were assessed at USD 596 per metric ton CFR Far East, while offers stood slightly higher at USD 598 per metric ton CFR Far East. This reflected a marginal decline of USD 2 per […]
Saudi Aramco is advancing a sweeping investment program worth approximately $90 billion, launching nearly 100 mega-projects that span oil, gas, petrochemicals, low-carbon energy, and digital innovation. According to CEO Amin Nasser, this massive pipeline is currently under implementation and reflects the company’s long-term strategic push to diversify its operations and secure the Kingdom’s energy future. […]
The US propylene market closed last week on a mixed note, with Polymer Grade Propylene (PGP) prices edging higher while Refinery Grade Propylene (RGP) values held steady. Market participants reported that tighter supply conditions combined with resilient automotive demand were key drivers behind the modest rise in PGP, even as overall market fundamentals remained fragile. […]
Ethylene prices in Asia showed a mixed performance last week, climbing in Southeast Asia while remaining unchanged in other key regional markets. The upward movement in Southeast Asia was largely driven by concerns over short-term cargo availability, creating a climate of uncertainty that continues to bolster prices. Industry participants explained that operational disruptions and scheduled […]
Chandra Asri Petrochemical has decided to delay the planned maintenance shutdown of its cracker in Cilegon, Indonesia, shifting the turnaround to January 2026. According to market sources, the maintenance was originally scheduled to take place in November 2025 with an expected duration of approximately 50 days. The revised schedule, however, leaves several details unclear, including […]
Xinjiang Tianye has reportedly taken its No.3 Monoethylene Glycol (MEG) unit in Shihezi, China, offline, according to market sources. Industry participants informed that the facility was shut in early September 2025 for maintenance purposes, though the precise length of the outage has not yet been confirmed. The company has not issued an official statement regarding […]
The US low-density polyethylene (LDPE) export market remained stable this week, with prices unchanged as balanced supply and demand kept trading conditions subdued. Market participants reported that while fundamentals are steady, broader uncertainties, ranging from global currency movements to evolving trade policies, continue to cloud the short-term outlook. An industry source told that LDPE spot […]
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