The US polymer market faced another bearish week, with most polyethylene grades drifting lower and PVC export prices collapsing to levels under USD 600/mt. Ample supply, soft global demand, and growing competition from overseas producers have kept sentiment weak, leaving traders and producers struggling to maintain margins. High-density polyethylene (HDPE) export prices moved lower, weighed […]
Asian polyethylene and polypropylene markets displayed mixed trends this week, with most grades holding steady while certain segments posted modest movements against a backdrop of oversupply, muted demand, and heightened geopolitical tensions. Market participants pointed to the Russia–Ukraine conflict and its impact on energy infrastructure as a source of short-term volatility, though futures markets signaled […]
ABB has entered a landmark supply agreement with Citroniq to provide advanced automation, electrification, and digital technologies for what is set to become the world’s first full commercial-scale biogenic polypropylene facility. The project, located in Nebraska, will use corn-based ethanol feedstock to produce fully certified 100% bio-based polypropylene, with operations scheduled to begin in 2029. […]
Fresh polypropylene (PP) offers from Saudi Arabia have emerged for October 2025 shipment, with prices for both raffia and injection grades reported at USD 905/mt. According to market sources, APC’s PP H312/1102K raffia grade (MFI 3.4) and PP H129/1100N injection grade (MFI 12) have both been offered at the same level of USD 905/mt. Payment […]
CHN Energy Ningxia has released its latest round of export offers for PP, LLDPE, and polyoxymethylene (POM) across major Chinese ports, reflecting steady market activity heading into September. According to the producer’s pricing sheet dated August 29, 2025, PP raffia (MFR 3.4, grade 1102K) was offered at USD 860/mt FOB Tianjin, USD 879/mt FOB Ningbo, […]
Polypropylene (PP) prices across Latin America drifted lower this week, pressured by declining freight costs from Asia and competitive offers from suppliers in China and the Middle East. The arrival of attractively priced cargoes eroded sentiment across Brazil, Mercosur, and the West Coast of South America, leaving regional producers facing intensifying competition and subdued downstream […]
Polypropylene (PP) prices in Europe drifted lower this week as muted demand and ample supply weighed heavily on sentiment, overshadowing an uptick in upstream propylene spot values. A market participant told Polymerduniya, “The European polypropylene market experienced price decreases in August across every product segment, impacted by weak buyer interest and reduced spot activity as […]
Hyundai Chemical is preparing for a planned shutdown of its polypropylene (PP) units in Daesan, South Korea, in what could become a significant supply event for the Asian market heading into year-end. Market sources informed that the company is expected to take both units offline around October 13, 2025, with operations scheduled to resume by […]
Key Chinese polymer futures contracts closed weaker on Wednesday, with LLDPE, polypropylene, PVC and monoethylene glycol all slipping amid cautious market sentiment and subdued buying activity. On the Dalian Commodity Exchange, LLDPE (l2601) opened at RMB 7,370 (USD 858) and closed at RMB 7,358 (USD 856), down 0.42% or RMB 31 (USD 3.61/mt) from the […]
Over the past decade, the Gulf Cooperation Council (GCC) petrochemical sector has quietly undergone a transformative evolution, blending environmental stewardship with economic savvy. Led by the forward-thinking Gulf Petrochemicals and Chemicals Association (GPCA), the industry has demonstrated that sustainability and growth can go hand in hand, if guided by strategic vision. Between 2013 and 2023, […]
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