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 […]
Sinopec Maoming Petrochemical is preparing for a planned maintenance turnaround at its high-density polyethylene (HDPE) units in Guangdong, China, scheduled to begin in early November 2025. According to a source in China, “The company is expected to halt operations at the units in early November 2025 for maintenance. However, details regarding the duration of the […]
Polypropylene (PP) prices in the Gulf Cooperation Council (GCC) region remained unchanged this week, with market sentiment balanced but clouded by geopolitical uncertainty. A regional industry source told that, “Prices of polypropylene stayed steady in the GCC, with fundamentals largely in equilibrium. However, concerns about a possible resurgence of conflict between Israel and Iran have […]
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 […]
Polyethylene terephthalate (PET) bottle grade prices in the Gulf Cooperation Council (GCC) region remained unchanged this week, as market participants adopted a cautious stance amid geopolitical uncertainty and muted trading activity. According to a regional industry source, “Prices of PET stayed consistent as purchasers refrained from making large acquisitions pending new import offers from international […]
Propylene markets in the United States showed a mixed performance last week, with refinery-grade propylene (RGP) recording modest gains while polymer-grade propylene (PGP) remained largely unchanged as sentiment stayed cautious. According to an industry source, RGP prices edged higher, buoyed by stronger bids in the railcar sector and spillover momentum from earlier gains in the […]
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 […]
Fresh offers for polyethylene terephthalate (PET) resin have surfaced from Vietnam, with a domestic producer heard to have quoted bottle-grade PET (IV 0.84) at USD 865 per metric ton on an FOB basis for September 2025 shipment. According to a source in Vietnam, the announcement comes at a time when sentiment in the Asian PET […]
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 […]
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