Futures trading on the Dalian Commodity Exchange (Contract 2509) on 29 July 2025 showed a mixed performance across polymer segments, with market dynamics reflecting shifting sentiment and directionality within Asia’s polyolefin complex. Polypropylene (PP) futures rose to CNY 7,160/ton, up CNY 13, with the USD equivalent closing at $884/ton, marking a modest increase of $2. Meanwhile, LLDPE futures advanced […]
Propylene prices in Asia remained unchanged on Monday, despite an uptick in energy values. According to a market source speaking to Polymerduniya, cautious sentiment from buyers counterbalanced the upward pressure from rising crude oil prices, resulting in a stable pricing environment across the region. “Even though crude prices have been climbing, Asian propylene prices did […]
A Polymerduniya source in Pakistan reports that a Saudi Arabian producer has floated an offer for polypropylene raffia grade, priced at USD 1,060 per tonne CFR Karachi for August 2025 shipment. This offer comes amid generally soft regional levels where prevailing PP raffia pricing in Pakistan fell within the USD 930–960/mt band recently, indicating that the Saudi-origin […]
A Pakistani Polymerduniya source reports that a Saudi Arabian supplier has offered polypropylene injection grade cargo for August 2025 shipment to Karachi Port at a price of USD 1,070 per tonne CFR. This offer arrives at a premium to recent observed levels, where Pakistan’s PP injection prices typically ranged between USD 950–990/mt CFR in previous months. Market […]
A Saudi Arabian PP film offering for August 2025 shipment on CFR Karachi basis has emerged with a quoted price of USD 1,140/mt, according to a local Polymerduniya source in Pakistan. Though the supplier is unnamed, this offer stands well above recently observed benchmark levels in the region. For context, last week’s prevailing offers for PP […]
Demand in Karachi’s open polymer markets on Monday, July 28, 2025, was notably sluggish, with prices generally softer across the board. Polypropylene raffia traded at around PKR 356–358/kg, injection grade at PKR 357–359/kg, and film grade at PKR 365–367/kg. PPCP exchanged hands around PKR 379–381/kg, while random copolymer was priced at PKR 421–423/kg. On the HDPE front, injection grade fell […]
Sibur, Russia’s leading polymer producer, has unveiled SIBEX® PPI030CF, its newest polypropylene grade engineered specifically for retort packaging applications in food and animal feed sectors. Retort packaging, hermetically sealed and capable of withstanding sterilization temperatures of up to 120–130 °C, offers a lightweight, flexible alternative to traditional glass and metal containers by improving logistics efficiency and […]
Propylene prices in parts of Asia softened last week as a wave of new supply weighed against lackluster downstream demand. FOB Japan pricing eased to USD 740–750/mt (down USD 5/mt), while Taiwan’s CFR pricing dropped more sharply to USD 775–785/mt (down USD 15/mt). Prices in China’s CFR market also edged lower to USD 765–775/mt, again slipping by USD 5/mt week on […]
U.S. polymer-grade propylene prices edged lower on Wednesday, slipping to 34.50–35.00 ¢/lb FD US Gulf, down by roughly 0.05 ¢/lb from Tuesday, while refinery-grade spot held steady at 31.50–32.00 ¢/lb FD US Gulf, unchanged. A market participant, speaking anonymously, explained: “Spot PGP prices fell due to a weak trading momentum, mirroring subdued demand sentiments. Looking ahead, an anticipated […]
Advanced Petrochemical Co., through its subsidiary Advanced Polyolefins Industry Co. (APOC), has officially begun commercial operations at its new propane dehydrogenation (PDH) and polypropylene (PP) facilities in Jubail Industrial City, Saudi Arabia. The PDH unit, converting propane to propylene, boasts a nameplate capacity of 843,000 tonnes per year, while the two PP plants have a combined […]
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