A Polymerduniya source in China reported that a Chinese producer has put forward an offer for premium bottle-grade PET resin (IV 0.80/0.77/0.83), priced at approximately USD 790/mt FOB for August 2025 shipment. The offer represents the latest benchmark for Asia-bound PET shipments, matching the lower end of recent price assessments in the region. Earlier in May–June […]
Ethylene prices in the European region recorded a noticeable gain on Wednesday, driven by improved regional demand and a rise in upstream naphtha values. An industry source in Europe, speaking on condition of anonymity, told a Polymerduniya team member, “Prices increased due to better regional demand trends and higher upstream naphtha values in the region.” […]
On August 7, 2025, polymer futures on the Dalian Commodity Exchange closed on a mixed note, with LLDPE, PP, and MEG recording minor losses while PVC edged higher. The trading session reflected cautious sentiment amid currency fluctuations and broader market pressures. The exchange rate stood at 1 USD = 7.18 RMB. LLDPE (l2509) opened at […]
INEOS Styrolution has announced a €10 per tonne reduction in European polystyrene (PS) prices, effective August 1, 2025, marking a measured response to declining upstream styrene costs and subdued demand. The premium of high-impact polystyrene (HIPS) over general-purpose PS (GPPS) remains unchanged at €100/t. The company’s pricing decision follows a larger €35/t drop in the August styrene […]
Sinopec’s Hainan Ethylene is set to take its polypropylene (PP) production offline in mid‑October, with maintenance scheduled from October 10 through October 20, 2025, according to a Polymerduniya insider. During this planned shutdown, the plant, located in Hainan, China, will be offline for approximately ten days to carry out essential servicing of core processing units. The facility […]
On Tuesday, European propylene prices remained unchanged, with both spot polymer grade and CIF Northwest Europe (NWE) levels assessed at €750–760/mt FD NWE, showing no movement from Monday. According to a confidential industry source, this stability reflects abundant supply and conservative buying behavior: “Purchasers stayed wary, restricting acquisitions to urgent necessities … Many opted to […]
Haldia Petrochemicals Ltd (HPL) has launched a high-profile “Early Bird” discount initiative, offering a discount of ₹2.50 per kg on its domestically sold polypropylene (PP) grades. The scheme is valid from August 1 through August 15, 2025, according to an industry source cited by Polymerduniya. This promotion targets early bookings and dispatches, reflecting broader efforts by Indian […]
India’s ONGC Petro additions Limited (OPaL) has unveiled an Early Bird Discount scheme offering a discount of ₹2.50 per kilogram on polypropylene (PP) grades purchased between August 1 and 15, 2025, according to an industry source who spoke with Polymerduniya. The promotional initiative is targeted at the domestic market and serves as a strategic incentive […]
On Tuesday, ethylene prices in the U.S. Gulf Coast gained 0.50 cents/lb, climbing to 26.50–27.00 cents/lb FD US Gulf, driven by a surge in trade activity and stronger market discussions. An industry insider told Polymerduniya that the upturn was triggered by reports of concluded trades at higher levels, underscoring increased buyer engagement. Meanwhile, Northeast Asian markets […]
On Monday, CIF Northwest Europe (NWE) ethylene prices were unchanged at USD 800–810/mt, while FD NWE levels held steady at €705–715/mt, both in line with Friday’s assessments. The European market maintained a cautious tone as purchasing activity remained muted, with an anonymous industry source noting, “Purchasing activity in the region remained subdued,” and that buyers […]
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