Jiaxing Jinyan Chemical has commenced a planned shutdown of its ethanolamines production facility in Zhejiang, China. A Polymerduniya source confirmed the plant went offline on August 4, 2025 for maintenance, although the expected duration of the outage remains unspecified. The plant has an estimated production capacity of approximately 80,000 mt/year. While Jiaxing Jinyan Chemical has yet […]
Ethylene prices in the European region recorded a noticeable gain on Wednesday, driven by improved regional demand and a rise in upstream naphtha values. An industry source in Europe, speaking on condition of anonymity, told a Polymerduniya team member, “Prices increased due to better regional demand trends and higher upstream naphtha values in the region.” […]
On August 7, 2025, polymer futures on the Dalian Commodity Exchange closed on a mixed note, with LLDPE, PP, and MEG recording minor losses while PVC edged higher. The trading session reflected cautious sentiment amid currency fluctuations and broader market pressures. The exchange rate stood at 1 USD = 7.18 RMB. LLDPE (l2509) opened at […]
On Wednesday, propylene prices in the European market remained unchanged, even as upstream crude values weakened and producers scaled back output to protect margins. An industry source in Europe, speaking on condition of anonymity, told a Polymerduniya team member, “Even though producers reduced production levels to avoid losses and safeguard margins, the plentiful supply of […]
On Wednesday, propylene prices in Asia posted modest gains, buoyed by a more confident market outlook even as energy values continued to face downward pressure. An industry source in Asia told a Polymerduniya team member, “Propylene prices in Asia rose slightly, supported by optimistic market sentiment, despite energy values facing pressure. Even with a drop […]
On Tuesday, European propylene prices remained unchanged, with both spot polymer grade and CIF Northwest Europe (NWE) levels assessed at €750–760/mt FD NWE, showing no movement from Monday. According to a confidential industry source, this stability reflects abundant supply and conservative buying behavior: “Purchasers stayed wary, restricting acquisitions to urgent necessities … Many opted to […]
On Tuesday, ethylene prices in the U.S. Gulf Coast gained 0.50 cents/lb, climbing to 26.50–27.00 cents/lb FD US Gulf, driven by a surge in trade activity and stronger market discussions. An industry insider told Polymerduniya that the upturn was triggered by reports of concluded trades at higher levels, underscoring increased buyer engagement. Meanwhile, Northeast Asian markets […]
On Tuesday, U.S. propylene prices fell as lower upstream crude values and subdued regional buying weighed on sentiment. A U.S. industry insider told Polymerduniya that “the price fall was on the back of weaker upstream crude values and softer regional buying inquiries.” Refinery-grade spot delivered propylene prices were assessed at 30.50–31.00 cents/lb FD US Gulf, down […]
On Monday, CIF Northwest Europe (NWE) ethylene prices were unchanged at USD 800–810/mt, while FD NWE levels held steady at €705–715/mt, both in line with Friday’s assessments. The European market maintained a cautious tone as purchasing activity remained muted, with an anonymous industry source noting, “Purchasing activity in the region remained subdued,” and that buyers […]
Despite weakening energy values, ethylene prices in Asia held steady on Monday, defying expectations of a downturn. Market participants reported limited trading activity, as buyers and sellers remained on the sidelines, hesitant to commit amid falling naphtha prices and broader market uncertainty. According to an industry source who spoke to Polymerduniya on condition of anonymity, […]
We are the leading information provider of the Petrochemical Industry and Our team comes with a strong background of Petrochemical industry and has experience of over 28 years.
