Refinery grade propylene prices in the United States edged lower on Tuesday as the market grappled with sluggish demand and plentiful material availability. An industry source in the U.S., speaking on condition of anonymity, told a correspondent that market fundamentals remained largely bearish. The combination of lackluster downstream demand and oversupply conditions exerted pressure on […]
Propylene markets in both Europe and Asia began the week on a stable note, with prices showing no significant changes from the previous trading session. Market participants report that steady demand across key downstream sectors is keeping values supported, even as broader energy and feedstock markets remain volatile. In Europe, spot polymer-grade propylene prices on […]
Ningbo Kingfa Advanced is preparing to shut down its propane dehydrogenation (PDH) unit located in Zhejiang province, China, for a planned maintenance program. According to information shared by a market source, the unit is expected to be taken offline around September 9, 2025, with operations likely to remain suspended until the end of the month. […]
The US propylene market closed last week on a mixed note, with Polymer Grade Propylene (PGP) prices edging higher while Refinery Grade Propylene (RGP) values held steady. Market participants reported that tighter supply conditions combined with resilient automotive demand were key drivers behind the modest rise in PGP, even as overall market fundamentals remained fragile. […]
Ethylene prices in Asia showed a mixed performance last week, climbing in Southeast Asia while remaining unchanged in other key regional markets. The upward movement in Southeast Asia was largely driven by concerns over short-term cargo availability, creating a climate of uncertainty that continues to bolster prices. Industry participants explained that operational disruptions and scheduled […]
Chandra Asri Petrochemical has decided to delay the planned maintenance shutdown of its cracker in Cilegon, Indonesia, shifting the turnaround to January 2026. According to market sources, the maintenance was originally scheduled to take place in November 2025 with an expected duration of approximately 50 days. The revised schedule, however, leaves several details unclear, including […]
Polypropylene (PP) export prices in the United States moved lower this week, pressured by persistently weak demand and muted interest from downstream converters. Market participants reported that despite a decline in feedstock costs, expectations of stronger buying activity failed to materialize, leaving the market under renewed pressure. A source told that both homopolymer and copolymer […]
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 […]
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