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 […]
Ethylene prices in Asia held steady on Tuesday despite bearish signals from energy markets. CFR Northeast Asia ethylene was assessed at USD 815–825/mt, unchanged from Monday’s assessment, while CFR Southeast Asia remained flat at USD 825–835/mt, according to a regional industry source who noted that “prices remained constant amid a muted buying momentum in the Asian markets.” […]
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