China’s major petrochemical futures closed in positive territory on Monday, with LLDPE, PP, PVC, and MEG all posting modest gains. LLDPE (l2601) opened at RMB 7,390 (USD 859) and moved within a narrow range of RMB 7,428 (USD 863) to RMB 7,388 (USD 859) before settling at RMB 7,423 (USD 863). The contract ended 0.51% […]
Polymer grade propylene (PGP) prices in the United States moved higher last week, while refinery grade propylene (RGP) values held flat. An industry source told Polymerduniya on condition of anonymity that the uptick in PGP was linked to increased trading activity for September, following weeks of price weakness in a long-supplied market with subdued demand. […]
The US polymer market endured another week of downward pressure, as export prices across most grades slipped in response to abundant supply and sluggish international demand. Producers and traders grappled with mounting competition in key global markets, while buyers remained reluctant to commit beyond immediate needs, anticipating further concessions. In HDPE, spot export prices fell […]
The European polymer complex remained subdued in August, with most grades under pressure from weak demand, heavy inventories, and the seasonal holiday slowdown. While some contracts rolled over, spot markets reflected more noticeable declines, as buyers avoided fresh commitments and sellers struggled with oversupply. In HDPE, spot values drifted lower while contract settlements mostly rolled […]
The Asian polyethylene and polypropylene markets remained subdued this week, with prices either holding steady or easing across most segments. Market sentiment was cautious, shaped by geopolitical headlines, seasonal shifts, and regional supply developments. Peace talks between Ukraine and Russia, reportedly pushed by a US-led diplomatic effort, sparked hopes of lower crude oil prices, but […]
Polypropylene (PP) export prices in the United States displayed a mixed undertone this week, with copolymer values weakening while homopolymer prices edged higher. FAS Houston PP copolymer prices were assessed at USD 1005–1025/mt, down by USD 35/mt from the previous week. An industry source told a Polymerduniya team member that spot export prices for polypropylene […]
Polypropylene (PP) spot prices in Europe recorded a modest uptick this week, even as contract prices remained unchanged. Market activity, however, slowed considerably as the summer holiday season kept many converters and traders away, resulting in limited buying interest. An industry source told a Polymerduniya team member that, despite the lull, spot prices found some […]
A Polymerduniya source in Europe reports that a UK-based producer has quietly introduced an offer for recycled polypropylene (R-PP) homopolymer, specifically the P512 grade featuring medium melt and black coloration with an MFI of 10, available in 20-tonne lots at GBP 575 per metric tonne. The offer, structured on an Ex Works basis, targets a […]
Sumitomo Chemical has officially commenced operations of its groundbreaking ethanol-to-propylene pilot facility at the Sodegaura site of its Chiba Works, marking a pivotal achievement in the petrochemical industry’s shift toward alternative, renewable feedstocks. The facility, completed as part of the NEDO Green Innovation Fund initiative, began operating this week after construction efforts that began in […]
Chambroad Petrochemical is poised to reenergize its No. 1 polypropylene (PP) unit in Binzhou, Shandong Province, with operations expected to resume by the end of August 2025. The facility, boasting a production capacity of 200,000 mt/year, has been offline since mid-July 2025 for scheduled maintenance, according to a Polymerduniya source in China. This impending restart […]
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