Ethylene prices in the United States remained unchanged on Thursday, as muted trading activity and weak buying appetite kept the market subdued. Market participants reported that sentiment was cautious, with buyers refraining from securing fresh volumes amid already comfortable stock levels. A US-based source told that purchases slowed noticeably during the week, leaving prices to […]
The US linear low-density polyethylene (LLDPE) export market paused its downward trajectory this week, with prices holding steady after two consecutive weeks of declines. Market participants described the stability less as a signal of recovery and more as a temporary lull, as buyers and sellers alike delayed fresh commitments while awaiting clearer guidance on September […]
Polypropylene (PP) export prices in the United States moved lower this week, pressured by persistently weak demand and muted interest from downstream converters. Market participants reported that despite a decline in feedstock costs, expectations of stronger buying activity failed to materialize, leaving the market under renewed pressure. A source told that both homopolymer and copolymer […]
The European polyethylene terephthalate (PET) market faced renewed downward pressure this week, as spot prices weakened while contract prices held steady. Market participants reported that a combination of elevated stock levels, sluggish post-summer demand, and competitively priced imports weighed on sentiment, leaving sellers with little room to push through additional volumes. An industry source in […]
The European polyvinyl chloride (PVC) market remained largely unchanged this week as buyers and sellers focused on September contract discussions, while spot demand showed little sign of meaningful recovery following the summer break. Despite the return of consumers to the market, activity stayed subdued, and prices rolled over in most segments. An industry source in […]
China’s polymer futures market showed a modestly bullish tone on Wednesday, with all major contracts ending the session higher. Market participants noted that while demand fundamentals remain soft, marginal restocking interest and stable cost signals provided some support to prices across polyethylene, polypropylene, PVC, and MEG. Linear low-density polyethylene (LLDPE, l2601) futures opened at RMB […]
Chinese polymer futures closed Wednesday on a mixed note, with three major contracts slipping while monoethylene glycol (MEG) managed to post modest gains. Market sentiment remained cautious as traders weighed weak downstream demand against ongoing supply adjustments. Linear low-density polyethylene (LLDPE, l2601) contracts opened at RMB 7,241/mt (USD 843/mt) and fluctuated between RMB 7,243/mt (USD […]
Ethylene prices in Europe moved higher midweek, supported by stronger regional demand that gave a lift to sentiment after a period of subdued trading. Market participants reported that improved buying interest from downstream sectors, coupled with firmer negotiations among traders and converters, helped push prices higher in the spot market. An industry source in Europe […]
Propylene markets in Europe came under fresh downward pressure midweek, with prices slipping as buyers stayed on the sidelines and supply remained abundant across the region. An industry source in Europe told that “the price drop was driven by weak buying sentiment and ample product supply in the region.” Market participants noted that sluggish demand […]
S-Oil Corp is preparing for a significant maintenance shutdown at its No. 1 residue fluid catalytic cracker (RFCC) unit in Onsan, South Korea, which could temporarily tighten propylene supply in the region. According to a source, the company is expected to commence maintenance on the unit by mid-October 2025, with operations likely to remain offline […]
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