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 […]
Propylene prices solidified gains across Asia on Monday, buoyed by stronger buying sentiment in key markets. An industry insider told Polymerduniya that improving demand, combined with a slight uptick in crude oil futures amid ongoing supply concerns, helped lift feedstock values. Specifically, FOB Korea propylene prices rose to USD 740–750/mt, marking a USD +5/mt jump […]
A Polymerduniya source in Vietnam reports that a Chinese producer is offering PP fiber grade at USD 930–940/mt, priced on a CFR Ho Chi Minh port basis for August 2025 shipment. This offer aligns closely with recent regional pricing levels, where Chinese-origin polypropylene raffia and fiber grades have hovered around similar bands in Southeast Asia.
On Thursday, U.S. propylene markets held steady, with no significant activity to shift pricing. According to a Polymerduniya industry source speaking on condition of anonymity, “Spot prices remained flat amid no bids or offers heard,” underscoring the caution and inactivity characterizing current trading conditions. Specifically, polymer-grade delivered propylene was assessed at 31.50–32.00 cents/lb FD U.S. […]
U.S. polypropylene (PP) export prices remained flat this week, as persistent uncertainty around potential tariffs continues to weigh on market sentiment. According to a Polymerduniya industry source, spot export prices held steady because weak buying interest persists. Despite a last-minute move by the U.S. to postpone a proposed 30% tariff for three months following talks […]
European polypropylene (PP) prices continued their downward slide this week amid lackluster demand and the familiar drag of mid-summer slowdowns. In the spot arena, injection-moulding grade PP in Northwest Europe slipped to EUR 935–945/mt FD, succumbing to a EUR 10/mt week-on-week drop. Block copolymer grades fared even worse, falling EUR 30/mt to land between EUR […]
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