Refinery grade propylene prices in the United States weakened at the start of the week, pressured by sluggish demand and comfortable supply. An industry source told that sentiment remained largely bearish, with buyers showing little urgency to secure volumes amid ample availability. On Monday, spot delivered refinery grade propylene in the US Gulf was assessed […]
Propylene markets in Europe opened the week flat, with prices left unchanged on Monday. According to an industry source who spoke on condition of anonymity, the numbers held steady but the mood was subdued. Weak buying interest and sluggish demand fundamentals continued to weigh on downstream sectors across the region, leaving buyers hesitant to commit. […]
The U.S. propylene market delivered a split performance last week, with polymer grade propylene (PGP) slipping under the weight of oversupply and muted demand, while refinery grade propylene (RGP) held steady. An industry source told that the polymer grade spot market remains weak due to stable fundamentals. Oversupply and subdued downstream demand continue to exert […]
In response to languishing demand and an already saturated market, a number of Chinese petrochemical producers have scaled back operations at their propane dehydrogenation (PDH) units. The moves collectively affect about 3.8 million tonnes per year in propylene capacity. For many in the industry, this is a signal: the balance between supply and actual consumption […]
Polymer-grade propylene prices edged lower in the US on Thursday, pressured by sluggish buying and a lack of trading momentum. A market source told a team member that spot PGP levels softened as participants stayed cautious, holding back fresh orders in the face of muted downstream demand. Delivered polymer-grade propylene in the US Gulf was […]
Polypropylene prices in Europe softened again this week, weighed down by weak demand and abundant supply. Market players had hoped for a September restocking bounce, but the usual seasonal uptick never arrived. “The typical September restocking did not occur this year, leading to an oversupply,” one trader told a team member. Producers struggled to move […]
S-Oil Corp is preparing to take its No.1 residue fluid catalytic cracker (RFCC) unit in Onsan, South Korea, offline for a scheduled maintenance turnaround later this year, according to market sources. A contact in South Korea said the refinery plans to begin the outage by mid-October 2025, with operations expected to remain suspended until the […]
Propylene prices in the United States held flat on Wednesday, with a quiet trading day keeping the market calm and widening the gap between buyer and seller expectations. An industry source, speaking on condition of anonymity, told a team member that the pricing undertone remained largely stable as participants stayed on the sidelines. “There was […]
Propylene markets in the United States showed no movement on Tuesday, with traders reporting a quiet session and balanced fundamentals. An industry source told Polymerupdate that regional demand remained flat, leaving prices unchanged from the start of the week. Polymer-grade spot delivered propylene held at 31.50–32.00 cents per pound FD US Gulf, while refinery-grade material […]
Propylene prices across Asia retreated at the start of the week as subdued trading and limited downstream appetite continued to weigh on sentiment. Market participants reported that FOB Korea values fell to USD 760–770 per metric ton on Monday, down USD 5 from Friday’s assessment. CFR China prices mirrored the trend, easing to USD 790–800 […]
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