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, […]
The petrochemical complex faced renewed headwinds on Wednesday, with futures contracts for key polymers on the Dalian Commodity Exchange extending losses amid persistent concerns over demand recovery. Polypropylene, linear low-density polyethylene (LLDPE), and polyvinyl chloride (PVC) futures all closed lower, dragging down sentiment across the wider value chain. Polypropylene contracts settled at CNY 7,021 per […]
Polymer futures in China closed weaker on Monday, with all major contracts recording losses despite intraday fluctuations. Linear low-density polyethylene (LLDPE, l2601) opened at RMB 7,427 (USD 862) per tonne and traded between RMB 7,455 (USD 865) and RMB 7,396 (USD 858) before settling at RMB 7,402 (USD 859). The close marked a decline of […]
Polypropylene (PP) prices declined across several parts of Asia this week, with regional markets weighed down by oversupply concerns, muted demand, and cautious trading activity. An industry source in Asia, speaking on condition of anonymity, told a Polymerduniya team member that geopolitical tensions, particularly the ongoing Russia–Ukraine conflict, continue to inject short-term volatility into the […]
Polymer grade propylene (PGP) prices in the United States advanced on Monday, supported by healthy trading activity and improved buying interest. An industry source in the US told a Polymerduniya team member that spot values gained ground as active deals in the market signaled firmer sentiment compared to the previous week. Spot delivered PGP was […]
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. […]
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