Propylene markets in the United States showed a mixed performance last week, with refinery-grade propylene (RGP) recording modest gains while polymer-grade propylene (PGP) remained largely unchanged as sentiment stayed cautious. According to an industry source, RGP prices edged higher, buoyed by stronger bids in the railcar sector and spillover momentum from earlier gains in the […]
Monoethylene glycol (MEG) prices in the United States remained flat last week, with market sentiment subdued despite the restart of a major production facility in Louisiana. An industry source told that, “US MEG prices remained stable as offers stayed the same after a major producer returned to the market. Spot offers were noted to be […]
US spot ethylene prices fell further last week, extending a downward trend that has persisted through August despite reports of supply disruptions at major olefins facilities. Market sentiment remained bearish as ample availability and weak downstream demand outweighed temporary outages. A market source told that, “Spot ethylene prices in the U.S. kept declining, even with […]
Ethylene prices in Asia climbed higher last week, buoyed by supply constraints and reduced spot availability, even as downstream fundamentals remained weak. An industry source told, that the upward move was largely driven by a shortage of September-loading cargoes, as producers across the region continued to run plants at reduced operating rates due to both […]
Fresh offers for polyethylene terephthalate (PET) resin have surfaced from Vietnam, with a domestic producer heard to have quoted bottle-grade PET (IV 0.84) at USD 865 per metric ton on an FOB basis for September 2025 shipment. According to a source in Vietnam, the announcement comes at a time when sentiment in the Asian PET […]
Shanxi Woneng Chemical has successfully resumed operations at its monoethylene glycol (MEG) unit in Linfen, Shanxi province, after completing a maintenance turnaround earlier this month. According to a source in China, “The company is reported to have brought the unit back on stream around August 28, 2025, following a turnaround. The unit had been shut […]
Sinopec Guangzhou Petrochemical is preparing to take its linear low-density polyethylene (LLDPE) unit offline later this year as part of scheduled maintenance, according to market sources. A source in China told Polymerduniya, “The company is expected to halt operations at the unit for maintenance in the fourth quarter of 2025. However, the exact date and […]
The European ethylene contract price for September 2025 has settled marginally higher, reflecting a market still balanced between steady demand and ample availability. According to a source, the benchmark contract price was finalized at EUR 1,130 per metric ton FD Northwest Europe, up by EUR 5/mt from August’s settlement level. Market participants described the modest […]
Propylene contract prices in the United States settled lower for August 2025, reflecting weaker downstream demand and steady supply levels that continue to weigh on market sentiment. According to a local industry source, polymer grade propylene (PGP) contracts for August finalized at 35.50 cents per pound, while chemical grade propylene (CGP) settled at 34.00 cents […]
Thai Lube Base has resumed operations at its Group I base oils facility in Sriracha, Thailand, after completing a maintenance turnaround that kept the plant offline for several weeks. According to a source in Thailand, “The company is reported to have restarted its unit in mid-August 2025, following a maintenance turnaround. The unit had been […]
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