Fresh offers have emerged in Pakistan’s polyethylene market, with a Middle Eastern producer heard to have quoted linear low-density polyethylene (LLDPE) roto molding grade at USD 1,090 per metric ton, on a CFR Karachi port basis, for September 2025 shipment. According to a source in Pakistan, the offer highlights how regional producers are positioning themselves […]
Chinese polymer futures closed in negative territory this week, with contracts for linear low-density polyethylene (LLDPE), polypropylene (PP), polyvinyl chloride (PVC), and monoethylene glycol (MEG) all posting declines as sluggish demand and persistent oversupply weighed on sentiment. On the Dalian Commodity Exchange, LLDPE (l2601) futures opened at RMB 7,280 (USD 848/mt) and fluctuated between RMB […]
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 […]
Sinopec Guangzhou Petrochemical is preparing to take its linear low-density polyethylene (LLDPE) unit offline later this year as part of scheduled maintenance, according to market sources. A source in China told Polymerduniya, “The company is expected to halt operations at the unit for maintenance in the fourth quarter of 2025. However, the exact date and […]
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 […]
Sinopec Maoming Petrochemical has taken its linear low-density polyethylene (LLDPE) unit offline in Guangdong, China, after initiating a maintenance turnaround late last week. According to a Polymerduniya source, “The company is heard to have halted operations at the unit for maintenance around August 25, 2025. Details regarding the duration of the shutdown could not be […]
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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