On Wednesday, U.S. ethylene prices retreated modestly as weaker deal levels emerged in the merchant market. The FD US Gulf spot rate was assessed at 28.00–28.50 ¢/lb, down 0.50 ¢/lb from Tuesday, according to a U.S.-based industry source. The bearish tone reflected softer buying inquiries and subdued downstream demand, as participants sought lower levels to secure volumes. […]
A Polymerduniya source in Bangladesh reports that a Chinese producer has offered both polypropylene yarn and injection-grade resin for delivery to Chattogram (Chittagong) port in August 2025, priced between USD 920–930 per tonne CFR. This price point appears competitive compared to prior June offers when Chinese injection grade was assessed around USD 950/mt CFR, and raffia levels […]
European ethylene markets slipped on Wednesday, with CIF Northwest Europe assessed at USD 815–825/mt, down USD 5/mt from Tuesday, despite rising upstream energy costs. The persistent sluggishness in downstream demand and buyer reluctance have weighed on sentiment, market sources reported. In contrast, FD NWE ethylene prices remained unchanged at €720–730/mt, signaling a divergence between international CIF and […]
Propylene markets in Europe weakened on Wednesday, with both CIF NWE and spot polymer-grade prices retreating amid sluggish demand and growing inventory pressure. CIF NWE prices dropped by €20/ton, settling at €720–730/mt, while spot polymer-grade propylene also fell to €710–720/mt FD NWE, reflecting buyer caution and oversupply ([turn0search0]). Market sources noted that weak fundamentals diminished […]
Propylene prices in Korea fell modestly on Wednesday amid weakening regional demand, while Chinese pricing remained unchanged. FOB Korea assessments dropped by USD 10/mt, settling at USD 725–735/mt, from Tuesday levels. A market insider attributed the slide to “weak regional buying sentiment,” as downstream converters remained cautious and refrained from restocking. In contrast, CFR China propylene prices […]
Asia’s ethylene prices held steady on Wednesday, with CFR Northeast Asia assessed at USD 815–825/mt and CFR Southeast Asia at USD 825–835/mt, unchanged from the previous day. “A subdued trading environment persisted, with buyers remaining cautious despite rising naphtha costs that normally lift ethylene values,” said an industry source based in Asia, who requested anonymity. Market activity […]
Borouge Plc, the UAE-based polyolefins major, posted a second-quarter net profit of $193 million in 2025, outperforming market forecasts despite a scheduled turnaround at its Borouge 3 facility. The company maintained healthy margins and reaffirmed plans to increase its full-year dividend, signaling strong financial health and investor confidence. Second-quarter adjusted EBITDA came in at $440 […]
In a bold move signaling China’s next stage of petrochemical ambition, Shandong Yulong Petrochemical has proposed a ¥117.86 billion (USD 16.42 billion) project to integrate high-value petrochemical production into its sprawling Yantai refinery complex. Derived from a government notice issued by the Ministry of Natural Resources and reported by Jiemian News, the plan outlines a major transformation: feedstocks […]
A Polymerduniya source in Pakistan reports that a Saudi-connected trader based in Iran has floated an offer for HDPE pipe (PE100 Black), origin Iran, targeting August 2025 delivery on an FCA Arak basis at USD 949 per tonne. While downstream specifiers may evaluate the competitive positioning, potential users are advised to examine underlying logistics, quality parameters, […]
The Dalian Commodity Exchange futures contracts for July 30, 2025 showed mixed performance across key polymers, with LLDPE turning positive, PP flat to slightly lower, and PVC edging down, while MEG held steady against unchanged currency conditions (USD 1 = CNY 7.18). LLDPE (Contract l2509) opened at RMB 7,399 (USD 856), traded between RMB 7,432–7,369, and closed at RMB 7,387 (USD 855), […]
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