In a market grappling with intensified global competition, polypropylene (PP) homopolymer export prices in the U.S. held steady at USD 960–980 per metric ton FAS Houston on August 14, 2025, showing no change from the previous week, according to Polymerduniya. Despite mounting export pressures from cheaper Asian offerings and persistent tariff uncertainty, U.S. sellers resisted […]
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 […]
Grupa Azoty Polyolefins has officially withdrawn from its turnkey contract with Hyundai Engineering for the Polimery Police Project, citing repeated delays and unfulfilled obligations.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 […]
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 […]
Polymer grade propylene (PGP) prices in the US fell for the fifth consecutive week, while refinery grade propylene (RGP) values held steady. An industry source, speaking to Polymerduniya on condition of anonymity, said, “US propylene spot prices continue to decline due to ongoing weak demand. No transactions were reported at the evaluated levels. Prices have […]
Fuhaichuang Petroleum & Petrochemical is on track to resume operations at its Orthoxylene (OX) plant in Gulei by late August 2025, according to a Polymerduniya source. The plant, which has been offline since late June for maintenance, features an annual production capacity of approximately 240,000 mt. Meanwhile, at Zhejiang Petrochemical, the No. 1 polypropylene (PP) […]
As of August 13, the Dalian Commodity Exchange witnessed downward shifts across key polymer futures, signaling a broad-based cooling in domestic petrochemical sentiment. The LLDPE (2509 contract) declined 0.20%, or RMB 15 per ton, closing at RMB 7,313 (USD 846) after trading between RMB 7,305 and RMB 7,338. Polypropylene (PP 2509) saw a slightly steeper […]
In Europe, propylene prices remained unchanged on Monday, with both spot polymer-grade and CIF NWE levels assessed at €750–760/mt FD NWE, reflecting no movement from Friday’s marks. An anonymous industry source reported that weak sentiment prevailed, characterized by lackluster buying activity and fragile demand fundamentals across the region’s downstream segments. Consequently, buyers have adopted a […]
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