Fresh activity has been reported in the Chinese polyethylene market, with a producer from Thailand heard to have announced its latest offer for metallocene linear low-density polyethylene (mLLDPE) grades. According to a source, the offer has been set at USD 1,010 per metric ton on a CFR China Main Port basis for September 2025 shipment. […]
Chinese polymer futures closed Wednesday on a mixed note, with three major contracts slipping while monoethylene glycol (MEG) managed to post modest gains. Market sentiment remained cautious as traders weighed weak downstream demand against ongoing supply adjustments. Linear low-density polyethylene (LLDPE, l2601) contracts opened at RMB 7,241/mt (USD 843/mt) and fluctuated between RMB 7,243/mt (USD […]
Ethylene prices in Europe moved higher midweek, supported by stronger regional demand that gave a lift to sentiment after a period of subdued trading. Market participants reported that improved buying interest from downstream sectors, coupled with firmer negotiations among traders and converters, helped push prices higher in the spot market. An industry source in Europe […]
Ethylene vinyl acetate (EVA) prices in Europe moved lower this week, weighed down by persistent oversupply, sluggish downstream demand, and subdued trading activity. The market tone remained distinctly pessimistic, with participants signaling little expectation of improvement in the near term. An industry source in Europe told Polymerupdate, “Demand for spot European EVA grades continued to […]
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 […]
Crude oil prices slipped in early Tuesday trading, reversing recent stability as concerns over demand outlook and persistent supply pressures weighed on market sentiment. West Texas Intermediate (WTI) crude for October 2025 delivery declined by $0.82, or 1.28 percent, to settle at $63.15 per barrel as of 3:09 a.m. EDT. Brent crude for November 2025 […]
The European cyclohexane (CX) market has seen a significant downward correction as the contract price for September 2025 settled considerably lower compared to the previous month. According to a source in Europe, the contract price for cyclohexane was agreed at €793 per metric ton on a CIF Northwest Europe basis. This marks a steep decline […]
Maoming Petrochemical Shihua has brought its ethanolamines plant in Guangdong back online, resuming production in early September 2025 after an extended maintenance shutdown. According to a source in China, the facility had been offline since the first half of July 2025 for scheduled turnaround work. While the restart has been reported by industry participants, official […]
Fresh offers have surfaced in the Chinese polycarbonate (PC) market, with a domestic producer heard to have quoted its injection grade material at USD 1,800 per metric ton, on an FOB Qingdao port basis, for September 2025 shipment, according to a source. The announcement comes as China’s engineering plastics sector navigates subdued demand conditions, with […]
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