Ningxia Baofeng Energy has shut down operations at its high-density polyethylene (HDPE) unit in Yinchuan, Ningxia province, after initiating a maintenance turnaround at the end of August 2025. According to a source in China, “The company is reported to have halted its units around August 31, 2025, for maintenance. However, the exact date and duration […]
Fresh activity has been reported in China’s polyethylene market, where a domestic trader is heard to have announced an offer for high-density polyethylene (HDPE) blow molding grade at USD 910 per metric ton on an FOB Ningbo port basis for September 2025 shipment. Market participants highlighted that the offer level sits within the lower end […]
Pakistan’s polyethylene market has seen fresh activity with a Middle Eastern producer heard to have offered high-density polyethylene (HDPE) film grade at USD 960 per metric ton on a CFR Karachi port basis for September 2025 shipment, according to a source in the region. The offer comes at a time when Pakistan’s polymer market has […]
Sinopec Maoming Petrochemical is preparing for a planned maintenance turnaround at its high-density polyethylene (HDPE) units in Guangdong, China, scheduled to begin in early November 2025. According to a source in China, “The company is expected to halt operations at the units in early November 2025 for maintenance. However, details regarding the duration of the […]
US spot ethylene prices fell further last week, extending a downward trend that has persisted through August despite reports of supply disruptions at major olefins facilities. Market sentiment remained bearish as ample availability and weak downstream demand outweighed temporary outages. A market source told that, “Spot ethylene prices in the U.S. kept declining, even with […]
The European ethylene contract price for September 2025 has settled marginally higher, reflecting a market still balanced between steady demand and ample availability. According to a source, the benchmark contract price was finalized at EUR 1,130 per metric ton FD Northwest Europe, up by EUR 5/mt from August’s settlement level. Market participants described the modest […]
The European polymer market showed a divided picture this week, with spot HDPE and LDPE prices easing on sluggish demand and sufficient supply, while LLDPE managed to hold firmer thanks to reduced availability and selective demand support. Contract prices across most polyethylene grades, however, rolled over as market participants awaited clearer direction from September negotiations. […]
The US polymer market faced another bearish week, with most polyethylene grades drifting lower and PVC export prices collapsing to levels under USD 600/mt. Ample supply, soft global demand, and growing competition from overseas producers have kept sentiment weak, leaving traders and producers struggling to maintain margins. High-density polyethylene (HDPE) export prices moved lower, weighed […]
Asian polyethylene and polypropylene markets displayed mixed trends this week, with most grades holding steady while certain segments posted modest movements against a backdrop of oversupply, muted demand, and heightened geopolitical tensions. Market participants pointed to the Russia–Ukraine conflict and its impact on energy infrastructure as a source of short-term volatility, though futures markets signaled […]
Saudi producer SABIC has released new polyethylene offers to Pakistan, covering a range of grades for upcoming shipments. Market sources reported that LLDPE 118WJ was offered at USD 1,040/mt, while LLDPE 119ZJ was quoted slightly lower at USD 1,030/mt. HDPE 952 was priced at USD 980/mt, and LDPE 4024WN stood at USD 1,170/mt. The latest […]
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