Even as upstream crude prices remain weak, propylene in Europe stood its ground on Tuesday, with prices holding steady thanks to a mix of cautious production cuts and hesitant buying amid tepid demand. An industry source in Europe, speaking on condition of anonymity, told the Polymerduniya team that producers have pulled back output to preserve […]
Sinopec Maoming Petrochemical has revealed plans for a significant maintenance shutdown at its high-density polyethylene (HDPE) unit, according to a Polymeduniya source in China. The plant, located in Maoming, Guangdong, will cease operations from late October 2025 and is expected to remain offline through the end of December 2025. This HDPE unit boasts a substantial […]
Grupa Azoty Polyolefins has officially withdrawn from its turnkey contract with Hyundai Engineering for the Polimery Police Project, citing repeated delays and unfulfilled obligations. The decision, delivered on August 14, 2025, comes after milestone acceptance deadlines were missed, test runs were not completed on time, and counterclaims between the two sides remained unresolved. In tandem […]
In what may be one of the quietest weeks on record for West Coast South American polypropylene, both injection-grade and copolymer prices remained unchanged. As of August 15, 2025, CFR West Coast South America offers were logged at USD 980–1010/mt for PP injection and USD 1040–1070/mt for PP copolymer, exactly mirroring their levels from a […]
In a moment of calm amidst a typically volatile marketplace, refinery-grade propylene prices in the U.S. Gulf, historically prone to sharp swings, remained locked in a narrow range last week, with no change recorded. As of August 15, 2025, CFR prices were pegged at 30.50–31.00 cents per pound, underlining a market in cautious equilibrium. This […]
A Polymerduniya source in China reveals that a Canadian producer has floated an offer for metallocene-grade LLDPE (mLLDPE) at around USD 1,055 per metric ton on a CFR China Main Port basis, targeting shipment between late August and early September 2025. This move stands out in the current market, not only for its origin from […]
A Polymerduniya source in China reported that a Saudi Arabian producer has floated an offer for metallocene-grade LLDPE (mLLDPE) at approximately USD 1,055 per metric ton, on a CFR China Main Port shipment basis slated for end-August to early September 2025. This move signals the producer’s readiness to engage in the Asian spot market, capitalizing […]
PetroChina Fushun Petrochemical has taken its Linear Low-Density Polyethylene (LLDPE) plant in Fushun offline for a scheduled maintenance turnaround that began on August 15, 2025. According to industry sources, the unit, capable of producing 450,000 metric tons per year, is expected to remain offline through early October 2025, marking approximately a two-month shutdown. Strategically located […]
On the Dalian Commodity Exchange, polymer futures closed mostly lower on Monday as trading sentiment remained subdued. The exchange rate stood at 1 USD = 7.18 RMB. LLDPE (l2509) opened at RMB 7,308 (USD 846) and moved between RMB 7,312 (USD 846) and RMB 7,264 (USD 841) before closing at RMB 7,292 (USD 844). Prices […]
Ethylene spot prices in the US dropped last week amid weak market activity and declining crude oil values. An industry source told Polymerduniya, “Ethylene spot prices fell due to weak market activity and declining crude oil prices. Decreased offer levels resulted in the decline, with no transactions reported. The drop was also linked to oversupply […]
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