On Wednesday, propylene prices in the European market remained unchanged, even as upstream crude values weakened and producers scaled back output to protect margins. An industry source in Europe, speaking on condition of anonymity, told a Polymerduniya team member, “Even though producers reduced production levels to avoid losses and safeguard margins, the plentiful supply of […]
On Wednesday, propylene prices in Asia posted modest gains, buoyed by a more confident market outlook even as energy values continued to face downward pressure. An industry source in Asia told a Polymerduniya team member, “Propylene prices in Asia rose slightly, supported by optimistic market sentiment, despite energy values facing pressure. Even with a drop […]
INEOS Styrolution has announced a €10 per tonne reduction in European polystyrene (PS) prices, effective August 1, 2025, marking a measured response to declining upstream styrene costs and subdued demand. The premium of high-impact polystyrene (HIPS) over general-purpose PS (GPPS) remains unchanged at €100/t. The company’s pricing decision follows a larger €35/t drop in the August styrene […]
Sinopec’s Hainan Ethylene is set to take its polypropylene (PP) production offline in mid‑October, with maintenance scheduled from October 10 through October 20, 2025, according to a Polymerduniya insider. During this planned shutdown, the plant, located in Hainan, China, will be offline for approximately ten days to carry out essential servicing of core processing units. The facility […]
On Tuesday, European propylene prices remained unchanged, with both spot polymer grade and CIF Northwest Europe (NWE) levels assessed at €750–760/mt FD NWE, showing no movement from Monday. According to a confidential industry source, this stability reflects abundant supply and conservative buying behavior: “Purchasers stayed wary, restricting acquisitions to urgent necessities … Many opted to […]
Haldia Petrochemicals Ltd (HPL) has launched a high-profile “Early Bird” discount initiative, offering a discount of ₹2.50 per kg on its domestically sold polypropylene (PP) grades. The scheme is valid from August 1 through August 15, 2025, according to an industry source cited by Polymerduniya. This promotion targets early bookings and dispatches, reflecting broader efforts by Indian […]
India’s ONGC Petro additions Limited (OPaL) has unveiled an Early Bird Discount scheme offering a discount of ₹2.50 per kilogram on polypropylene (PP) grades purchased between August 1 and 15, 2025, according to an industry source who spoke with Polymerduniya. The promotional initiative is targeted at the domestic market and serves as a strategic incentive […]
On Tuesday, ethylene prices in the U.S. Gulf Coast gained 0.50 cents/lb, climbing to 26.50–27.00 cents/lb FD US Gulf, driven by a surge in trade activity and stronger market discussions. An industry insider told Polymerduniya that the upturn was triggered by reports of concluded trades at higher levels, underscoring increased buyer engagement. Meanwhile, Northeast Asian markets […]
Chengdu Yulong Chemical has taken its melamine plant in Chengdu, Sichuan, offline as of August 4, 2025, the company confirmed, cessation follows the initiation of maintenance activities at the facility. Further details on the expected duration of the outage remain undisclosed, according to a Polymerduniya-based industry source.. The Sichuan-based plant, designed with an annual production capacity […]
On Tuesday, U.S. propylene prices fell as lower upstream crude values and subdued regional buying weighed on sentiment. A U.S. industry insider told Polymerduniya that “the price fall was on the back of weaker upstream crude values and softer regional buying inquiries.” Refinery-grade spot delivered propylene prices were assessed at 30.50–31.00 cents/lb FD US Gulf, down […]
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