Polymer-grade propylene (PGP) prices in the United States began the week on a weaker footing, easing lower as market activity remained sluggish. Spot PGP delivered to the US Gulf was assessed on Monday at 31.50–32.00 cents per pound, marking a decline of one cent per pound from last Friday’s levels. An industry source in the […]
Propylene prices in Europe began the week without direction, holding unchanged as oversupply and muted downstream activity weighed on market sentiment. Spot polymer-grade propylene in Northwest Europe was assessed Monday at EUR 775–785 per metric ton on an FD basis, while CIF NWE values stayed flat at EUR 755–765 per metric ton, matching last Friday’s […]
A well-placed market source in Pakistan reports that a China-based trading house has extended an offer for Propylene Glycol of Singapore origin, pricing the cargo at USD 1,385 per metric ton. The shipment is scheduled for October 2025 delivery and is being quoted on a CFR Karachi port basis, with payment terms set as a […]
Polypropylene prices fell across the Gulf Cooperation Council this week, pressured by lower import offers and shifting global feedstock trends that kept the market on edge. A regional industry source told that overseas suppliers cut prices aggressively, undercutting confidence and adding to the downward pull from soft supply-demand dynamics, raw-material cost changes, and lingering logistics […]
Propylene prices in the United States held steady last week, underscoring a market weighed down by weak demand and ample supply. A U.S.-based industry source told that spot propylene saw no transactions and no price movement as persistent low demand from downstream markets and swollen inventories kept buyers sidelined. While some participants anticipate a price […]
Korea Petrochemical Industry Co (KPIC) is reported to be planning a significant maintenance turnaround of its cracker at Onsan in the fourth quarter of 2026, according to a source in South Korea. While the shutdown schedule is tentative and both the date and duration are yet unconfirmed, market watchers are already bracing for the impact. […]
Propylene prices in the United States showed no movement on Thursday, extending a week-long pattern of muted trading and steady assessments. Market participants described an atmosphere of quiet caution, with buyers and sellers content to wait for clearer signals before committing to fresh volumes. A Gulf Coast trader told a correspondent that sentiment remains subdued […]
U.S. polypropylene (PP) export prices slipped again this week, underscoring a market that continues to wrestle with slack demand and stubbornly high buyer inventories. Despite some of the most competitive offers seen this year, overseas customers remain largely indifferent, leaving producers and traders to contend with a persistent glut and mounting pressure from low-cost Asian […]
Propylene prices moved lower in the Chinese market on Wednesday, reflecting persistent softness in regional demand, while values in neighboring South Korea held steady. Market participants said the downward trend in China underscored lingering concerns over slow downstream consumption and cautious purchasing activity. CFR China propylene was assessed at USD 795–805 per metric ton, a […]
Propylene prices remained unchanged across Europe on Wednesday, as sluggish buying activity and fragile downstream demand continued to weigh on market sentiment. Industry participants reported that despite stable assessments, overall mood in the market stayed cautious, reflecting persistent uncertainty in the broader economic environment. An industry source in Europe, who requested anonymity, told a team […]
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