A Saudi Arabian PP film offering for August 2025 shipment on CFR Karachi basis has emerged with a quoted price of USD 1,140/mt, according to a local Polymerduniya source in Pakistan. Though the supplier is unnamed, this offer stands well above recently observed benchmark levels in the region. For context, last week’s prevailing offers for PP […]
Demand in Karachi’s open polymer markets on Monday, July 28, 2025, was notably sluggish, with prices generally softer across the board. Polypropylene raffia traded at around PKR 356–358/kg, injection grade at PKR 357–359/kg, and film grade at PKR 365–367/kg. PPCP exchanged hands around PKR 379–381/kg, while random copolymer was priced at PKR 421–423/kg. On the HDPE front, injection grade fell […]
PetroChina has made a final investment decision to build a new integrated refinery and petrochemical complex on Changxing Island, northeastern China – a strategic move confirmed by company and industry sources, although not formally announced by the firm. The CNY 68.5 billion ($9.56 billion) development encompasses a 200,000 bpd crude refinery, a 1.4 million tonne/year ethylene facility, […]
Sibur, Russia’s leading polymer producer, has unveiled SIBEX® PPI030CF, its newest polypropylene grade engineered specifically for retort packaging applications in food and animal feed sectors. Retort packaging, hermetically sealed and capable of withstanding sterilization temperatures of up to 120–130 °C, offers a lightweight, flexible alternative to traditional glass and metal containers by improving logistics efficiency and […]
The European Commission has initiated provisional anti-dumping duties on acrylonitrile-butadiene-styrene (ABS) resin imports originating from South Korea and Taiwan, following conclusive findings of injurious price undercutting that have harmed the EU plastics industry. Duty levels vary by exporter: South Korea’s LG Chem faces a duty of 3.7%, Lotte Chemical is subject to 5.8%, while other […]
Last week, ethylene prices across Asia were largely unchanged, underscoring a subdued trading landscape. FOB Korea assessments stood at USD 770–780/mt, while FOB Japan held at USD 765–775/mt, both mirroring prices from the preceding week. CFR Northeast Asia ethylene remained flat at USD 815–825/mt, and CFR Southeast Asia also held steady at USD 825–835/mt. Market participants noted a distinct […]
Propylene prices in parts of Asia softened last week as a wave of new supply weighed against lackluster downstream demand. FOB Japan pricing eased to USD 740–750/mt (down USD 5/mt), while Taiwan’s CFR pricing dropped more sharply to USD 775–785/mt (down USD 15/mt). Prices in China’s CFR market also edged lower to USD 765–775/mt, again slipping by USD 5/mt week on […]
U.S. polymer-grade propylene prices edged lower on Wednesday, slipping to 34.50–35.00 ¢/lb FD US Gulf, down by roughly 0.05 ¢/lb from Tuesday, while refinery-grade spot held steady at 31.50–32.00 ¢/lb FD US Gulf, unchanged. A market participant, speaking anonymously, explained: “Spot PGP prices fell due to a weak trading momentum, mirroring subdued demand sentiments. Looking ahead, an anticipated […]
Vietnam has implemented a 2% import duty on HDPE and LLDPE, effective July 8, 2025, aiming to shield its only domestic polyolefin producer, Long Son Petrochemical (LSP), from a surge of low-priced imports, particularly from Southeast Asia and China. LSP had lobbied for a 3% tariff during the development of its new facility, but downstream […]
Advanced Petrochemical Co., through its subsidiary Advanced Polyolefins Industry Co. (APOC), has officially begun commercial operations at its new propane dehydrogenation (PDH) and polypropylene (PP) facilities in Jubail Industrial City, Saudi Arabia. The PDH unit, converting propane to propylene, boasts a nameplate capacity of 843,000 tonnes per year, while the two PP plants have a combined […]
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