Chiba Chemicals has successfully restarted its cracker in Chiba, Japan, following a scheduled maintenance shutdown. A Polymerduniya source in Japan reported that the cracker was brought back on stream last weekend after being offline since mid-June 2025. The source added that operations at the plant have now stabilized, with run rates normalized after the turnaround. […]
The US polymer market endured another week of downward pressure, as export prices across most grades slipped in response to abundant supply and sluggish international demand. Producers and traders grappled with mounting competition in key global markets, while buyers remained reluctant to commit beyond immediate needs, anticipating further concessions. In HDPE, spot export prices fell […]
The European polymer complex remained subdued in August, with most grades under pressure from weak demand, heavy inventories, and the seasonal holiday slowdown. While some contracts rolled over, spot markets reflected more noticeable declines, as buyers avoided fresh commitments and sellers struggled with oversupply. In HDPE, spot values drifted lower while contract settlements mostly rolled […]
The Asian polyethylene and polypropylene markets remained subdued this week, with prices either holding steady or easing across most segments. Market sentiment was cautious, shaped by geopolitical headlines, seasonal shifts, and regional supply developments. Peace talks between Ukraine and Russia, reportedly pushed by a US-led diplomatic effort, sparked hopes of lower crude oil prices, but […]
Ethylene prices in the United States slipped on Thursday as deals were finalized at reduced levels. An industry source told a Polymerduniya team member that the decline reflected softer trading sentiment in the market. Prices were assessed at 22.00–22.50 cents/lb FD US Gulf, marking a drop of 0.50 cents/lb from Wednesday’s levels. In contrast, Asian […]
Low-density polyethylene (LDPE) export prices in the United States fell again this week, weighed down by persistent oversupply and subdued demand. Market players highlighted that production capacity continues to outpace consumption, fueling a supply-demand imbalance that is increasingly reshaping global trade flows. An industry source told a Polymerduniya team member that abundant availability from the […]
This week, recycled polymer prices across the Middle Eastern region remained stable, supported by consistent buying interest from converters and steady availability in most markets. Traders noted that comfortable inventory levels and moderate collection activity kept supply in balance, while downstream demand in certain sectors stayed soft. The absence of major disruptions, combined with cautious […]
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 […]
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