On Wednesday, propylene prices in Europe moved lower as weak regional demand and sufficient availability weighed on sentiment. An industry source in Europe told a Polymerduniya team member that the market remained under pressure, with limited buying interest and ample supply driving prices down. CIF NWE propylene was assessed at Euro 735–745/mt, marking a decline […]
On Wednesday, propylene prices in Asia recorded gains, supported by rising upstream energy costs and improving market sentiment. An industry source in Asia told a Polymerduniya team member that higher crude and naphtha prices created cost-push pressure, while robust purchasing interest from local end-users and traders further lifted confidence. Market players highlighted that firmer feedstock […]
In a groundbreaking move for the plastics industry, Lummus Technology announced that Vioneo has selected its Novolen® polypropylene (PP) technology for a new plant in Antwerp, Belgium. This facility will form the centerpiece of Vioneo’s pioneering complex, which is set to become the world’s first industrial-scale producer of fossil-free plastics made entirely from green methanol. […]
In a market grappling with intensified global competition, polypropylene (PP) homopolymer export prices in the U.S. held steady at USD 960–980 per metric ton FAS Houston on August 14, 2025, showing no change from the previous week, according to Polymerduniya. Despite mounting export pressures from cheaper Asian offerings and persistent tariff uncertainty, U.S. sellers resisted […]
Even as upstream crude prices remain weak, propylene in Europe stood its ground on Tuesday, with prices holding steady thanks to a mix of cautious production cuts and hesitant buying amid tepid demand. An industry source in Europe, speaking on condition of anonymity, told the Polymerduniya team that producers have pulled back output to preserve […]
Grupa Azoty Polyolefins has officially withdrawn from its turnkey contract with Hyundai Engineering for the Polimery Police Project, citing repeated delays and unfulfilled obligations. The decision, delivered on August 14, 2025, comes after milestone acceptance deadlines were missed, test runs were not completed on time, and counterclaims between the two sides remained unresolved. In tandem […]
In a moment of calm amidst a typically volatile marketplace, refinery-grade propylene prices in the U.S. Gulf, historically prone to sharp swings, remained locked in a narrow range last week, with no change recorded. As of August 15, 2025, CFR prices were pegged at 30.50–31.00 cents per pound, underlining a market in cautious equilibrium. This […]
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 […]
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 […]
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