Grupa Azoty Polyolefins has officially withdrawn from its turnkey contract with Hyundai Engineering for the Polimery Police Project, citing repeated delays and unfulfilled obligations.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 […]
A Polymerduniya source in China reveals that a Canadian producer has floated an offer for metallocene-grade LLDPE (mLLDPE) at around USD 1,055 per metric ton on a CFR China Main Port basis, targeting shipment between late August and early September 2025. This move stands out in the current market, not only for its origin from […]
A Polymerduniya source in China reported that a Saudi Arabian producer has floated an offer for metallocene-grade LLDPE (mLLDPE) at approximately USD 1,055 per metric ton, on a CFR China Main Port shipment basis slated for end-August to early September 2025. This move signals the producer’s readiness to engage in the Asian spot market, capitalizing […]
PetroChina Fushun Petrochemical has taken its Linear Low-Density Polyethylene (LLDPE) plant in Fushun offline for a scheduled maintenance turnaround that began on August 15, 2025. According to industry sources, the unit, capable of producing 450,000 metric tons per year, is expected to remain offline through early October 2025, marking approximately a two-month shutdown. Strategically located […]
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 […]
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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