High-density polyethylene (HDPE) prices across Asia drifted lower this week as a combination of global and regional forces created a subdued trading environment. A market source noted that lingering geopolitical tensions from the Russia-Ukraine conflict continue to raise concerns about global supply disruptions. At the same time, expectations of a potential U.S. Federal Reserve rate […]
European ethylene prices offered a blend of upward and downward cues on Tuesday, reflecting the tug-of-war between limited demand and early restocking activity. Assessments for CIF Northwest Europe (NWE) moved slightly higher to USD 745-755 per metric ton, a modest day-on-day uptick of USD 5/mt. However, some market participants highlighted a softer undertone despite this […]
Propylene prices in the United States saw no change on Monday, locking in the same assessment as last Friday even as cracks appeared in market alignment. An industry source in the US, speaking under condition of anonymity, informed that the pricing undertone remained largely stable, but trading activity had slowed down sharply. Much of the […]
Ethylene prices in the United States remained unchanged on Monday, with the FD US Gulf benchmark assessed at 20.00-20.50 cents per pound, maintaining the same range as seen last Friday. An industry source in the US told that while the market remains stable, there have been reports of a few operational issues among crackers, though […]
On Monday, propylene prices remained stubbornly unchanged across major European and Asian markets, even as buyers stayed cautious and trading activity failed to heat up. An industry source in Europe, speaking on condition of anonymity, conveyed to the team that while buying interest in the region is consistent, it is not enough to push prices […]
European ethylene prices began the week without fanfare, holding their ground despite broader economic uncertainties and uneven performance in downstream markets. According to an industry source in Europe who requested anonymity, the European ethylene market remained balanced on Monday, buoyed by consistent demand within the ethylene segment even as other derivative sectors exhibited signs of […]
The Chinese polymer futures market closed with a varied performance as the yuan traded at 7.12 to the U.S. dollar, setting the stage for subtle yet telling price movements across key commodities. Linear Low Density Polyethylene (LLDPE) futures started the session at RMB 7,232 (USD 844). Prices briefly climbed to a day high of RMB […]
INEOS Oxide is expected to temporarily halt production at its glycol ether plant located in Lavera, France, for a maintenance turnaround during the period of October–November 2025, according to a regional source. The outage remains unofficial, with no confirmed start date or duration disclosed by the company. The Lavera facility, which can produce up to […]
Refinery grade propylene prices in the United States edged lower last week, while polymer grade values remained steady despite production hiccups. On Friday, refinery grade spot prices were assessed at 28.50–29.00 cents/lb FD US Gulf, a decline of 3.00 cents/lb from the previous week. An industry source reported that refinery grade spot deals closed at […]
US monoethylene glycol (MEG) spot prices ended the week largely unchanged, assessed at 21.00–21.50 cents/lb FD US Gulf, even as a softer Asian market exerted downward pressure. Market participants reported that US material continues to sell at lower prices than in Asia, with some traders offering at even deeper discounts. Barge pricing showed slightly more […]
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