On Monday, ethylene prices in Europe revealed a mixed undertone. CIF NWE prices slid to USD 850–860/mt, down USD 5/mt from Friday’s levels, as regional demand softened and supplies remained ample. An anonymous industry insider conveyed that weaker demand and abundant availability weighed on pricing. At the same time, FD NWE pricing held steady at […]
In Europe, propylene prices remained unchanged on Monday, with both spot polymer-grade and CIF NWE levels assessed at €750–760/mt FD NWE, reflecting no movement from Friday’s marks. An anonymous industry source reported that weak sentiment prevailed, characterized by lackluster buying activity and fragile demand fundamentals across the region’s downstream segments. Consequently, buyers have adopted a […]
Propylene prices solidified gains across Asia on Monday, buoyed by stronger buying sentiment in key markets. An industry insider told Polymerduniya that improving demand, combined with a slight uptick in crude oil futures amid ongoing supply concerns, helped lift feedstock values. Specifically, FOB Korea propylene prices rose to USD 740–750/mt, marking a USD +5/mt jump […]
Last week, U.S. monoethylene glycol (MEG) prices in the U.S. slipped as market participants absorbed signals showing August rates trailing those in Asia. A Polymerduniya source revealed that discounts hovered just under the triple-digit mark, influenced by a persistent supply disruption at a key production site. The disruption began in late July, and although repair […]
This week, prices for HDPE and LLDPE in the Gulf Cooperation Council (GCC) region headed downward, while LDPE rates remained stable. An industry source in the GCC, speaking anonymously to Polymerduniya, noted that ample supply and tepid demand during the typical summer lull, particularly in both the GCC and East Mediterranean regions, have emboldened buyers […]
US ethylene spot prices slipped last week, weighed down by reduced August offers, limited transactions, and falling crude oil values. A US-based industry source told Polymerduniya that the widening price gap between regions reflects uneven supply and demand trends across the country. Weak demand from downstream sectors, including packaging and construction, further contributed to the […]
Propylene prices in the US fell last week, touching their lowest point since April as oversupply and sluggish downstream demand weighed on the market. A US-based industry source told Polymerduniya that spot polymer-grade propylene (PGP) prices were evaluated lower, reflecting recent trades. The decline, attributed to high inventory levels and weak demand from sectors such […]
On Thursday, U.S. propylene markets held steady, with no significant activity to shift pricing. According to a Polymerduniya industry source speaking on condition of anonymity, “Spot prices remained flat amid no bids or offers heard,” underscoring the caution and inactivity characterizing current trading conditions. Specifically, polymer-grade delivered propylene was assessed at 31.50–32.00 cents/lb FD U.S. […]
On Thursday, U.S. ethylene prices experienced a modest decline as trading participants wrapped up deals at lower levels. The market closed with assessments at 24.50–25.00 cents/lb FD U.S. Gulf, marking a 1 cent/lb drop from Wednesday’s levels. Market feedback suggests that downward pressure is emerging amid subdued deal-making, even though sources indicate that the current […]
European polypropylene (PP) prices continued their downward slide this week amid lackluster demand and the familiar drag of mid-summer slowdowns. In the spot arena, injection-moulding grade PP in Northwest Europe slipped to EUR 935–945/mt FD, succumbing to a EUR 10/mt week-on-week drop. Block copolymer grades fared even worse, falling EUR 30/mt to land between EUR […]
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