Polyethylene terephthalate (PET) prices in the Asian region remained unchanged this week, reflecting the fragile balance between muted demand and sustained cost pressures faced by producers. An industry source in Asia, speaking on condition of anonymity, noted that the broader energy complex has offered some support to market sentiment, with crude oil expected to stay […]
Sino-Korean Petrochemical has temporarily taken offline its high-density polyethylene (HDPE) unit in China, according to market sources. Industry participants reported that the company halted operations at the facility around September 5, 2025, citing maintenance work. While the exact duration of the outage has not been disclosed, the shutdown has stirred speculation among traders and buyers […]
Polymer futures on the Dalian Commodity Exchange closed Monday’s session on a mixed note, with some contracts slipping lower while others managed to hold firm. Market participants reported cautious trading activity, with sentiment weighed down by global demand uncertainties and fluctuating feedstock costs, though some products showed resilience. In the LLDPE (l2601) contract, prices opened […]
Market sources in China report that Jinneng Chemical has taken its No. 3 Polypropylene (PP) unit offline for planned maintenance. The shutdown reportedly began around September 1, 2025, and the unit is expected to remain out of operation until the end of the month. While confirmation from an official company source has yet to be […]
Market sources in East Africa have reported that a prominent Saudi Arabian producer has issued a new price offer for its HDPE Film (GF1442) grade. The offer has been heard at USD 1210 per metric ton, with shipment scheduled for September 2025. The material is being quoted on a CFR basis at Maputo port, Mozambique, […]
Market sources in East Africa have reported that a leading Saudi Arabian producer has announced its latest pricing for LDPE Extrusion Coating (7019EC) grade. The fresh offer has been heard at the USD 1470 per metric ton mark, with shipments scheduled for September 2025. The cargo is being quoted on a CFR basis at Maputo […]
The US propylene market closed last week on a mixed note, with Polymer Grade Propylene (PGP) prices edging higher while Refinery Grade Propylene (RGP) values held steady. Market participants reported that tighter supply conditions combined with resilient automotive demand were key drivers behind the modest rise in PGP, even as overall market fundamentals remained fragile. […]
Polyethylene terephthalate (PET) bottle grade prices in the Gulf Cooperation Council (GCC) region registered a decline this week, reflecting the combined pressure of subdued demand and reduced import offers from overseas suppliers. Market participants reported that muted buying activity across the region has coincided with softer import levels, creating conditions that have eroded market strength […]
PVC prices in the Gulf Cooperation Council (GCC) region witnessed a decline this week, as market dynamics continue to be shaped by a mix of seasonal demand shifts, trade policy developments, and persistent buyer caution. Industry sources in the region highlighted that while there is a sense of cautious optimism tied to seasonal demand patterns, […]
Polymer futures in China recorded a largely positive performance in today’s session, with key products such as Linear Low-Density Polyethylene (LLDPE), Polypropylene (PP), and Polyvinyl Chloride (PVC) settling higher, while Monoethylene Glycol (MEG) closed marginally lower. Market sentiment reflected steady buying interest in the plastics segment, though price fluctuations during the day highlighted cautious trading […]
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