This week, U.S. high-density polyethylene (HDPE) export prices held firm among persistent global market challenges. On Friday, assessments showed steady levels across HDPE grades: blow-moulding at USD 830–855/mt FAS Houston, injection at USD 830–850/mt, and film at USD 875–895/mt, all unchanged week-on-week. Sellers managed to maintain pricing discipline, aided by consistent demand from Mexico and […]
Ethylene prices in the European region recorded a noticeable gain on Wednesday, driven by improved regional demand and a rise in upstream naphtha values. An industry source in Europe, speaking on condition of anonymity, told a Polymerduniya team member, “Prices increased due to better regional demand trends and higher upstream naphtha values in the region.” […]
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 […]
On Monday, CIF Northwest Europe (NWE) ethylene prices were unchanged at USD 800–810/mt, while FD NWE levels held steady at €705–715/mt, both in line with Friday’s assessments. The European market maintained a cautious tone as purchasing activity remained muted, with an anonymous industry source noting, “Purchasing activity in the region remained subdued,” and that buyers […]
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. […]
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 […]
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, […]
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