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Grupa Azoty Polyolefins has officially withdrawn from its turnkey contract with Hyundai Engineering for the Polimery Police Project, citing repeated delays and unfulfilled obligations.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 […]
Propylene prices rose last week in Korea, Japan, and Southeast Asia, while remaining stable in China and Taiwan. An industry source in Asia, requesting anonymity, told Polymerduniya, “The increase in Asian propylene prices was mainly influenced by reduced supply conditions and consistent regional demand. Multiple production challenges, such as decreased cracker operating rates and scheduled […]
A Polymerduniya source in China has revealed that a domestic trader is offering Saudi-origin HDPE Film (PE) at USD 980/mt, FOB Qingdao port, for delivery in August 2025. This latest price indication underscores competitive regional trade dynamics, particularly as Middle Eastern suppliers continue targeting the Chinese market. In comparison, a Saudi Arabian producer was previously […]
A Polymerduniya source in Turkey indicates that an Iranian-based trader has announced an offer for HDPE Pipe (PE100 Natural) grade originating from Iran, priced at USD 955/mt. The shipment is quoted on an FCA Sahlan basis, with delivery scheduled for August 2025.
As of August 13, the Dalian Commodity Exchange witnessed downward shifts across key polymer futures, signaling a broad-based cooling in domestic petrochemical sentiment. The LLDPE (2509 contract) declined 0.20%, or RMB 15 per ton, closing at RMB 7,313 (USD 846) after trading between RMB 7,305 and RMB 7,338. Polypropylene (PP 2509) saw a slightly steeper […]
On Tuesday, European ethylene prices climbed, reflecting a market buoyed by strong regional demand and constrained supply. CIF North-West Europe (NWE) prices rose to USD 870–880/mt, up USD 5/mt from Monday’s assessment. An industry insider pointed to “robust regional buying interest and limited product availability” as the primary drivers supporting prices. In contrast, FD NWE […]
As of August 11, 2025, U.S. polyethylene markets showed remarkable resilience, with no significant price fluctuations across HDPE, LDPE, and LLDPE. Polymerduniya reports that High-Density Polyethylene (HDPE) for blow moulding delivered on a FAS Houston basis remained firmly within the USD 830–850/mt range. At the same time, Low-Density Polyethylene (LDPE) was assessed between USD 985 […]
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