A Saudi Arabian producer has reportedly announced its offer for metallocene linear low-density polyethylene (mLLDPE) EXCEED grade to Vietnam, according to market sources. A Polymerduniya contact in Vietnam stated that the offer has been heard at USD 1000/mt, on a cost and freight (CFR) basis to Ho Chi Minh port, for shipment in September 2025. […]
Chiba Chemicals has successfully restarted its cracker in Chiba, Japan, following a scheduled maintenance shutdown. A Polymerduniya source in Japan reported that the cracker was brought back on stream last weekend after being offline since mid-June 2025. The source added that operations at the plant have now stabilized, with run rates normalized after the turnaround. […]
China’s major petrochemical futures closed in positive territory on Monday, with LLDPE, PP, PVC, and MEG all posting modest gains. LLDPE (l2601) opened at RMB 7,390 (USD 859) and moved within a narrow range of RMB 7,428 (USD 863) to RMB 7,388 (USD 859) before settling at RMB 7,423 (USD 863). The contract ended 0.51% […]
Polymer grade propylene (PGP) prices in the United States moved higher last week, while refinery grade propylene (RGP) values held flat. An industry source told Polymerduniya on condition of anonymity that the uptick in PGP was linked to increased trading activity for September, following weeks of price weakness in a long-supplied market with subdued demand. […]
The US polymer market endured another week of downward pressure, as export prices across most grades slipped in response to abundant supply and sluggish international demand. Producers and traders grappled with mounting competition in key global markets, while buyers remained reluctant to commit beyond immediate needs, anticipating further concessions. In HDPE, spot export prices fell […]
The European polymer complex remained subdued in August, with most grades under pressure from weak demand, heavy inventories, and the seasonal holiday slowdown. While some contracts rolled over, spot markets reflected more noticeable declines, as buyers avoided fresh commitments and sellers struggled with oversupply. In HDPE, spot values drifted lower while contract settlements mostly rolled […]
The Asian polyethylene and polypropylene markets remained subdued this week, with prices either holding steady or easing across most segments. Market sentiment was cautious, shaped by geopolitical headlines, seasonal shifts, and regional supply developments. Peace talks between Ukraine and Russia, reportedly pushed by a US-led diplomatic effort, sparked hopes of lower crude oil prices, but […]
A Polymerduniya source in China has shared that a Saudi Arabian producer is reportedly offering Linear Low-Density Polyethylene (LLDPE) in the highly specialized film grade for wire and cable applications at approximately USD 950 per metric ton on a CFR basis into China’s main ports, targeting September 2025 shipments. This offer arrives at a pivotal […]
European PET markets are navigating choppy waters this week. Spot prices for polyethylene terephthalate (PET) continued their gentle descent, pressured by sluggish consumption and the holiday-induced lull in purchasing activity. In contrast, contract prices remain steady, providing some semblance of stability amid widespread pessimism. An industry insider informed a Polymerduniya team member that PET spot […]
US export prices for polyvinyl chloride (PVC) declined this week, weighed down by tepid demand and ample supply. An industry source told a Polymerduniya team member that sellers faced difficulty closing deals since interest from buyers only emerged at levels below current price assessments. With US producers continuing to deliver sufficient volumes, buyers in key […]
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