The Asian polyethylene and polypropylene markets remained subdued this week, with prices either holding steady or easing across most segments. Market sentiment was cautious, shaped by geopolitical headlines, seasonal shifts, and regional supply developments. Peace talks between Ukraine and Russia, reportedly pushed by a US-led diplomatic effort, sparked hopes of lower crude oil prices, but […]
Ethylene prices in the United States slipped on Thursday as deals were finalized at reduced levels. An industry source told a Polymerduniya team member that the decline reflected softer trading sentiment in the market. Prices were assessed at 22.00–22.50 cents/lb FD US Gulf, marking a drop of 0.50 cents/lb from Wednesday’s levels. In contrast, Asian […]
HDPE export prices in the United States continued their downward trend this week, weighed down by sluggish demand and a persistent supply glut. An industry source told a Polymerduniya team member that spot export prices for HDPE fell further as market pressures intensified. “Consistently low demand and abundant supply, not only in the US but […]
A Polymerduniya source in Europe reports that a UK-based producer has quietly placed an offer for recycled high-density polyethylene (R-HDPE) tailored for blow moulding applications. The material is a mixed-color grade with a melt flow index (MFI) of 0.95, offered in 20-tonne lots at GBP 715 per metric tonne on an Ex Works basis, with […]
Long Son Petrochemical has restarted its high-density polyethylene (HDPE) unit, resuming operations around August 19, 2025, after a prolonged shutdown that began in mid-October 2024. The unit, located in Ba Ria-Vung Tau province, has a production capacity of 500,000 mt per year and has been taken offline along with its upstream cracker amid shrinking production […]
This week, recycled polymer prices across the Middle Eastern region remained stable, supported by consistent buying interest from converters and steady availability in most markets. Traders noted that comfortable inventory levels and moderate collection activity kept supply in balance, while downstream demand in certain sectors stayed soft. The absence of major disruptions, combined with cautious […]
Sinopec Maoming Petrochemical has revealed plans for a significant maintenance shutdown at its high-density polyethylene (HDPE) unit, according to a Polymeduniya source in China. The plant, located in Maoming, Guangdong, will cease operations from late October 2025 and is expected to remain offline through the end of December 2025. This HDPE unit boasts a substantial […]
Grupa Azoty Polyolefins has officially withdrawn from its turnkey contract with Hyundai Engineering for the Polimery Police Project, citing repeated delays and unfulfilled obligations. The decision, delivered on August 14, 2025, comes after milestone acceptance deadlines were missed, test runs were not completed on time, and counterclaims between the two sides remained unresolved. In tandem […]
On the Dalian Commodity Exchange, polymer futures closed mostly lower on Monday as trading sentiment remained subdued. The exchange rate stood at 1 USD = 7.18 RMB. LLDPE (l2509) opened at RMB 7,308 (USD 846) and moved between RMB 7,312 (USD 846) and RMB 7,264 (USD 841) before closing at RMB 7,292 (USD 844). Prices […]
Ethylene spot prices in the US dropped last week amid weak market activity and declining crude oil values. An industry source told Polymerduniya, “Ethylene spot prices fell due to weak market activity and declining crude oil prices. Decreased offer levels resulted in the decline, with no transactions reported. The drop was also linked to oversupply […]
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