Recycled polymer markets across the Middle East maintained a steady footing over the past week, with prices largely unchanged as balanced supply–demand fundamentals kept volatility in check. Industry participants pointed to stable inventories and reliable collection flows as the primary factors supporting price stability, even as downstream consumption remained tepid. Converters continued to buy only […]
Hyosung Vina Chemicals is preparing to take its No. 1 polypropylene (PP) unit in Cai Mep, Vietnam, offline for an extended maintenance program, a move that could tighten regional PP supplies as year-end approaches. Market sources report that the company intends to halt operations by the end of October 2025, with the outage expected to […]
On Tuesday, propylene prices in the United States showed little movement as market participants appeared cautious, with trading activity dipping amid a widening gap between what buyers are willing to pay and what sellers expect. According to an industry source, the overall undertone was stable but subdued. Polymer grade spot-delivered propylene was assessed at 32.50-33.00 […]
Polypropylene (PP) prices across Asia softened this week, driven by sluggish demand, currency headwinds, and increasing competition from import offers. According to an anonymous industry source, geopolitical tensions, especially those arising from the Russia-Ukraine conflict, have stirred concerns over supply disruptions, while expectations of a U.S. Federal Reserve rate cut have helped prop up crude […]
In the US, propylene prices remained broadly stable on Tuesday as trading volumes sagged. According to a source in the region, the market bore the mark of a disconnect between what buyers are willing to pay and what sellers are asking, keeping the pricing tone flat. Polymer grade propylene continued to trade in the 32.50-33.00 […]
In China’s polymer futures market today, small but telling shifts emerged across several core resin and feedstock grades. LLDPE (Linear Low-Density Polyethylene) and PP (Polypropylene) both closed lower, PVC (Polyvinyl Chloride) managed a slight gain, and MEG (Monoethylene Glycol) remained nearly flat. LLDPE opened the session at RMB 7,252/mt (about USD 849/mt), saw a brief […]
Low-density polyethylene (LDPE) prices across Asia eased further this week amid a mix of tepid downstream demand, shrinking arbitrage margins, and cautious buyer behavior. An industry source in Asia, speaking under anonymity, blamed escalated geopolitical tension, particularly the fallout from the Russia-Ukraine conflict, for fueling supply disruption fears. At the same time, markets are clinging […]
PET (Polyethylene Terephthalate) prices in Asia remained largely steady this week, even as the market faced mounting headwinds from dropping upstream costs, shifting trade policies, and weak seasonal demand. According to a source in the region, geopolitical tension stemming from the Russia-Ukraine conflict has heightened fears of supply disruptions, while hopes for a U.S. Federal […]
High-density polyethylene (HDPE) prices across Asia drifted lower this week as a combination of global and regional forces created a subdued trading environment. A market source noted that lingering geopolitical tensions from the Russia-Ukraine conflict continue to raise concerns about global supply disruptions. At the same time, expectations of a potential U.S. Federal Reserve rate […]
A source in Taiwan reports that Formosa Plastics Corporation (FPC) is planning a maintenance turnaround at its acrylonitrile (ACN) unit in Mailiao in the July-August 2026 timeframe. The source noted that the precise date and shutdown duration have not yet been finalized, and FPC has not issued an official confirmation. The ACN unit in question […]
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