PetroChina Fushun Petrochemical has taken its Linear Low-Density Polyethylene (LLDPE) plant in Fushun offline for a scheduled maintenance turnaround that began on August 15, 2025. According to industry sources, the unit, capable of producing 450,000 metric tons per year, is expected to remain offline through early October 2025, marking approximately a two-month shutdown. Strategically located […]
Ethylene spot prices in the US dropped last week amid weak market activity and declining crude oil values. An industry source told Polymerduniya, “Ethylene spot prices fell due to weak market activity and declining crude oil prices. Decreased offer levels resulted in the decline, with no transactions reported. The drop was also linked to oversupply […]
Propylene prices rose last week in Korea, Japan, and Southeast Asia, while remaining stable in China and Taiwan. An industry source in Asia, requesting anonymity, told Polymerduniya, “The increase in Asian propylene prices was mainly influenced by reduced supply conditions and consistent regional demand. Multiple production challenges, such as decreased cracker operating rates and scheduled […]
Polymer grade propylene (PGP) prices in the US fell for the fifth consecutive week, while refinery grade propylene (RGP) values held steady. An industry source, speaking to Polymerduniya on condition of anonymity, said, “US propylene spot prices continue to decline due to ongoing weak demand. No transactions were reported at the evaluated levels. Prices have […]
On Tuesday, ethylene prices in the United States experienced a mild decline amid subdued market activity and softer deal levels. Spot ethylene delivered to the U.S. Gulf was assessed at 24.00–24.50¢/lb, marking a drop of 0.50¢/lb from Monday’s range. An industry insider observed that “ethylene prices were assessed down in the week amid deals concluded […]
As of August 13, the Dalian Commodity Exchange witnessed downward shifts across key polymer futures, signaling a broad-based cooling in domestic petrochemical sentiment. The LLDPE (2509 contract) declined 0.20%, or RMB 15 per ton, closing at RMB 7,313 (USD 846) after trading between RMB 7,305 and RMB 7,338. Polypropylene (PP 2509) saw a slightly steeper […]
On Tuesday, European ethylene prices climbed, reflecting a market buoyed by strong regional demand and constrained supply. CIF North-West Europe (NWE) prices rose to USD 870–880/mt, up USD 5/mt from Monday’s assessment. An industry insider pointed to “robust regional buying interest and limited product availability” as the primary drivers supporting prices. In contrast, FD NWE […]
On Monday, U.S. ethylene prices slipped, highlighting a tepid market environment. Spot prices for delivery to the U.S. Gulf were assessed at 24.50–25.00¢/lb, down by 0.50¢/lb from Friday’s levels, as deals closed at softer price points. This decline reflects subdued trading sentiment amid cautious purchasing behavior. Across the Pacific, Asian markets saw a contrasting trend. […]
China’s mono-ethylene glycol (MEG) market experienced a slight uptick on August 11, with CFR China prices rising from USD 520–525/mt on August 8 to USD 525–530/mt, according to Polymerduniya’s latest assessment. The upward move, though modest, suggests improving sentiment in Asia’s downstream sectors, possibly driven by cautious restocking and a firmer outlook in global commodity […]
On Monday, the U.S. propylene market remained notably stable, with both polymer-grade and refinery-grade spot prices aligned with end-of-week assessments. Industry sources attribute the steady pricing to subdued trading activity, fueled by widening pricing gaps between buyers and sellers. Polymer-grade spot delivered propylene was assessed at 31.50–32.00¢/lb FD US Gulf, unchanged from Friday’s levels. Similarly, […]
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