Haldia Petrochemicals Ltd (HPL) has launched a high-profile “Early Bird” discount initiative, offering a discount of ₹2.50 per kg on its domestically sold polypropylene (PP) grades. The scheme is valid from August 1 through August 15, 2025, according to an industry source cited by Polymerduniya. This promotion targets early bookings and dispatches, reflecting broader efforts by Indian […]
India’s ONGC Petro additions Limited (OPaL) has unveiled an Early Bird Discount scheme offering a discount of ₹2.50 per kilogram on polypropylene (PP) grades purchased between August 1 and 15, 2025, according to an industry source who spoke with Polymerduniya. The promotional initiative is targeted at the domestic market and serves as a strategic incentive […]
In a move that has stirred attention within India’s polymer industry, Haldia Petrochemicals Ltd (HPL) has unveiled a short‑duration “Early Bird” discount of ₹2.50 per kilogram on polypropylene (PP) grades for domestic buyers. The offer, valid only from August 1 through August 15, 2025, is aimed at accelerating early bookings and dispatches, according to a […]
On Wednesday, U.S. propylene prices remained unchanged despite a muted market outlook. Polymer-grade (PGP) spot prices held at 34.50–35.00 ¢/lb FD US Gulf, while refinery-grade spot remained firm at 31.50–32.00 ¢/lb, according to an industry source who requested anonymity. Market participants attributed the flat pricing to persistent low demand from downstream polypropylene converters and abundant spot supply. […]
A Polymerduniya source in Bangladesh reports that a Chinese producer has offered both polypropylene yarn and injection-grade resin for delivery to Chattogram (Chittagong) port in August 2025, priced between USD 920–930 per tonne CFR. This price point appears competitive compared to prior June offers when Chinese injection grade was assessed around USD 950/mt CFR, and raffia levels […]
Propylene markets in Europe weakened on Wednesday, with both CIF NWE and spot polymer-grade prices retreating amid sluggish demand and growing inventory pressure. CIF NWE prices dropped by €20/ton, settling at €720–730/mt, while spot polymer-grade propylene also fell to €710–720/mt FD NWE, reflecting buyer caution and oversupply ([turn0search0]). Market sources noted that weak fundamentals diminished […]
Propylene prices in Korea fell modestly on Wednesday amid weakening regional demand, while Chinese pricing remained unchanged. FOB Korea assessments dropped by USD 10/mt, settling at USD 725–735/mt, from Tuesday levels. A market insider attributed the slide to “weak regional buying sentiment,” as downstream converters remained cautious and refrained from restocking. In contrast, CFR China propylene prices […]
Borouge Plc, the UAE-based polyolefins major, posted a second-quarter net profit of $193 million in 2025, outperforming market forecasts despite a scheduled turnaround at its Borouge 3 facility. The company maintained healthy margins and reaffirmed plans to increase its full-year dividend, signaling strong financial health and investor confidence. Second-quarter adjusted EBITDA came in at $440 […]
In a bold move signaling China’s next stage of petrochemical ambition, Shandong Yulong Petrochemical has proposed a ¥117.86 billion (USD 16.42 billion) project to integrate high-value petrochemical production into its sprawling Yantai refinery complex. Derived from a government notice issued by the Ministry of Natural Resources and reported by Jiemian News, the plan outlines a major transformation: feedstocks […]
The Dalian Commodity Exchange futures contracts for July 30, 2025 showed mixed performance across key polymers, with LLDPE turning positive, PP flat to slightly lower, and PVC edging down, while MEG held steady against unchanged currency conditions (USD 1 = CNY 7.18). LLDPE (Contract l2509) opened at RMB 7,399 (USD 856), traded between RMB 7,432–7,369, and closed at RMB 7,387 (USD 855), […]
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