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 […]
Polymer grade propylene (PGP) prices in the United States declined on Tuesday, pressured by a slowdown in trading activity and subdued demand from downstream sectors. Market participants noted that sentiment has weakened further as buyers remain hesitant to commit, reflecting cautious inventory management amid uncertain macroeconomic conditions. Spot delivered PGP was assessed at 31.00–31.50 cents/lb […]
Polypropylene (PP) prices across Asia rolled over this week, reflecting an uneasy balance between ample supply and muted demand, as regional markets struggled to find direction amid mounting economic pressures and sluggish downstream activity. A source in Asia observed that the global energy backdrop remains a defining factor, with the Russia–Ukraine conflict and U.S. sanctions […]
SK picglobal is preparing to resume operations at its Propylene Oxide (PO) plant in Ulsan, South Korea, following a planned maintenance turnaround. A source in South Korea confirmed that the facility, which was taken offline on August 13, 2025, is expected to return to production by early October. The Ulsan-based plant has an annual production […]
Propylene markets in Europe began the week on a firmer note, with spot values registering modest gains as improved buying sentiment provided support. Traders reported that regional demand, while not exceptionally strong, was sufficient to lift prices after several weeks of subdued trading activity. An industry source in Europe told Polymerduniya, “Prices gained on the […]
Polypropylene (PP) prices in the Gulf Cooperation Council (GCC) region remained unchanged this week, with market sentiment balanced but clouded by geopolitical uncertainty. A regional industry source told that, “Prices of polypropylene stayed steady in the GCC, with fundamentals largely in equilibrium. However, concerns about a possible resurgence of conflict between Israel and Iran have […]
Propylene markets in the United States showed a mixed performance last week, with refinery-grade propylene (RGP) recording modest gains while polymer-grade propylene (PGP) remained largely unchanged as sentiment stayed cautious. According to an industry source, RGP prices edged higher, buoyed by stronger bids in the railcar sector and spillover momentum from earlier gains in the […]
Ethylene prices in Asia climbed higher last week, buoyed by supply constraints and reduced spot availability, even as downstream fundamentals remained weak. An industry source told, that the upward move was largely driven by a shortage of September-loading cargoes, as producers across the region continued to run plants at reduced operating rates due to both […]
Propylene contract prices in the United States settled lower for August 2025, reflecting weaker downstream demand and steady supply levels that continue to weigh on market sentiment. According to a local industry source, polymer grade propylene (PGP) contracts for August finalized at 35.50 cents per pound, while chemical grade propylene (CGP) settled at 34.00 cents […]
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