On Wednesday, propylene prices in Europe moved lower as weak regional demand and sufficient availability weighed on sentiment. An industry source in Europe told a Polymerduniya team member that the market remained under pressure, with limited buying interest and ample supply driving prices down. CIF NWE propylene was assessed at Euro 735–745/mt, marking a decline […]
On Wednesday, polymer futures in China closed on a firmer note, with LLDPE, PP, PVC, and MEG all recording modest day-on-day gains, supported by steady market sentiment and improved buying interest. LLDPE (l2601) opened at RMB 7,347 (USD 850) and traded between RMB 7,413 (USD 858) and RMB 7,337 (USD 849) before closing at RMB […]
On Wednesday, propylene prices in Asia recorded gains, supported by rising upstream energy costs and improving market sentiment. An industry source in Asia told a Polymerduniya team member that higher crude and naphtha prices created cost-push pressure, while robust purchasing interest from local end-users and traders further lifted confidence. Market players highlighted that firmer feedstock […]
This week, recycled polymer prices across the Middle Eastern region remained stable, supported by consistent buying interest from converters and steady availability in most markets. Traders noted that comfortable inventory levels and moderate collection activity kept supply in balance, while downstream demand in certain sectors stayed soft. The absence of major disruptions, combined with cautious […]
In a groundbreaking move for the plastics industry, Lummus Technology announced that Vioneo has selected its Novolen® polypropylene (PP) technology for a new plant in Antwerp, Belgium. This facility will form the centerpiece of Vioneo’s pioneering complex, which is set to become the world’s first industrial-scale producer of fossil-free plastics made entirely from green methanol. […]
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 […]
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