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 […]
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 […]
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 […]
Propylene contract prices in the United States settled lower for August 2025, reflecting weaker downstream demand and steady supply levels that continue to weigh on market sentiment. According to a local industry source, polymer grade propylene (PGP) contracts for August finalized at 35.50 cents per pound, while chemical grade propylene (CGP) settled at 34.00 cents […]
The European polymer market showed a divided picture this week, with spot HDPE and LDPE prices easing on sluggish demand and sufficient supply, while LLDPE managed to hold firmer thanks to reduced availability and selective demand support. Contract prices across most polyethylene grades, however, rolled over as market participants awaited clearer direction from September negotiations. […]
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, […]
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