The U.S. petrochemical sector closed the week under a subdued cloud, with most key polymers struggling to gain traction as buyers remained cautious and supplies stayed plentiful. Macroeconomic uncertainty and persistent trade headwinds continued to weigh on sentiment, keeping purchasing activity restrained and prices largely flat or drifting lower across major product streams. High-density polyethylene […]
High-density polyethylene (HDPE) film spot prices slipped across Europe this week while contract values held steady. Oversupply and persistently weak demand weighed on sentiment as competitive imports, particularly from the United States, kept pressure on local suppliers. Buyers remained cautious, with limited restocking activity despite speculation about potential counter-tariffs on U.S. polyethylene. Low-density polyethylene (LDPE) […]
High-density polyethylene (HDPE) prices slipped in the Far East this week, while the rest of Asia saw little change. Sellers largely held offers steady as balanced inventories and moderate downstream demand kept the market cautious. Crude oil remained range-bound with a slightly positive bias, supported by Middle East tensions and the prospect of tighter U.S. […]
High-density polyethylene (HDPE) export prices in the United States remained steady this week, with market participants citing soft demand and comfortable supply levels that have carried over into September. According to an industry source, the combination of muted downstream consumption, macroeconomic headwinds, and lingering trade uncertainties continues to weigh on sentiment, leaving sellers with little […]
Sinopec Yangzi Petrochemical is preparing to take its No. 2 high-density polyethylene (HDPE) unit in Nanjing offline for scheduled maintenance, according to a market source. The shutdown is expected to begin on September 10, 2025 and last until September 17, 2025, although an official confirmation from the company has not yet been issued. The Nanjing […]
An industry source in Indonesia reports that a prominent U.S. petrochemical producer has placed a fresh offer for high-density polyethylene (HDPE) blow molding grade at USD 950 per metric ton, stirring interest among regional buyers. The shipment is slated for September 2025 delivery on a CFR (Cost and Freight) Indonesia Main Port basis. Market participants […]
High-density polyethylene (HDPE) prices displayed a mixed performance across Asia this week, with declines observed in the Far East Asian market, while stability dominated other regions. An industry source in Asia, who wished to remain unnamed, explained that crude oil continues to exert a muted influence on the broader petrochemical complex. Oil prices are expected […]
Sino-Korean Petrochemical has temporarily taken offline its high-density polyethylene (HDPE) unit in China, according to market sources. Industry participants reported that the company halted operations at the facility around September 5, 2025, citing maintenance work. While the exact duration of the outage has not been disclosed, the shutdown has stirred speculation among traders and buyers […]
Market sources in East Africa have reported that a prominent Saudi Arabian producer has issued a new price offer for its HDPE Film (GF1442) grade. The offer has been heard at USD 1210 per metric ton, with shipment scheduled for September 2025. The material is being quoted on a CFR basis at Maputo port, Mozambique, […]
PetroChina Jilin Petrochemical has reportedly resumed operations at its No.1 High-Density Polyethylene (HDPE) unit in Jilin, China, following a planned maintenance turnaround. Market sources in China informed that the company is believed to have brought the unit back online around September 4, 2025. The facility had been taken offline at the end of July for […]
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