Major polymer futures in China closed lower on Monday, reflecting a cautious start to the trading week amid steady currency levels and restrained buying interest. With the yuan holding near 7.11 to the U.S. dollar, contracts for leading plastics drifted lower across the board despite intraday swings. Linear low-density polyethylene (LLDPE) January 2026 contract (l2601) […]
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 […]
Market contacts in Taiwan report that Formosa Chemicals & Fibre Corp (FCFC) is preparing to take its No. 2 paraxylene (PX) unit offline for scheduled maintenance in October 2025. The facility, situated in Mailiao, carries a nameplate capacity of 700,000 metric tons per year and plays a central role in the company’s aromatic chemicals operations. […]
Ethylene prices in Europe opened the week on a firmer note, with CIF Northwest Europe (NWE) values assessed on Monday at USD 745–755 per metric ton, reflecting a modest gain of USD 5 from Friday’s closing range. Market participants said sellers moved to lift their offers in an effort to recover thinning margins, a sign […]
Industry contacts in China report that Sinopec Maoming Petrochemical is preparing to take its No. 2 polypropylene (PP) unit offline in early November 2025. The plant, located in Maoming, Guangdong Province, carries a nameplate capacity of 200,000 metric tons per year and is a key contributor to regional PP supply. According to a market source […]
A market contact in Vietnam reports that a domestic producer has tabled fresh offers for PET resin bottle-grade material with an intrinsic viscosity of 0.84, quoting prices in the range of USD 836 to 840 per metric ton. The parcels are being proposed for October 2025 shipment on a free-on-board basis, inviting interest from regional […]
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 […]
Farabi Petrochemicals Company has inaugurated its fourth integrated Linear Alkyl Benzene (LAB) plant in Yanbu Industrial City, cementing its status as the world’s largest integrated LAB producer. The $950 million state-of-the-art facility adds 120,000 metric tons per year of LAB capacity and is built adjacent to Aramco’s refineries, allowing the use of locally produced kerosene […]
Al-Waha Petrochemical Company is planning to bring its 450,000 mt/year polypropylene (PP) unit back online by the end of September 2025, following a shutdown for maintenance that reportedly began around September 1. A source in Saudi Arabia said the company aims to resume operations at the Jubail facility, though official confirmation remains pending. The Jubail […]
An industry source in the East Mediterranean reports that a Northeast Asian supplier has floated a high-impact polystyrene (HIPS) grade offer around USD 1,250 per metric ton for October 2025 shipment, CFR to a main port in the East Mediterranean. The quoted level suggests the seller is positioning aggressively into that market window, possibly leveraging […]
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