Hyosung Vina Chemicals is preparing to take its No.2 polypropylene (PP) unit at Cai Mep, Vietnam, offline for a scheduled maintenance program, according to market sources. The planned shutdown is expected to begin by the end of October 2025 and could extend through early December, temporarily tightening supply availability in the region. A source close […]
Polypropylene (PP) export prices in the United States edged higher this week, bucking the trend of weaker upstream propylene values. The gains were attributed largely to stronger domestic demand, which encouraged producers to redirect sales away from international markets. An industry source in the U.S. told that the rebound in PP was tied directly to […]
Polypropylene (PP) prices slipped across much of Asia this week, pressured by sluggish demand, rising stock levels, and weaker upstream energy markets. An industry source in Asia, speaking to a team member on condition of anonymity, said the OPEC+ alliance has signaled a planned production hike in November, while the restart of crude exports from […]
Refinery grade propylene prices in the United States weakened at the start of the week, pressured by sluggish demand and comfortable supply. An industry source told that sentiment remained largely bearish, with buyers showing little urgency to secure volumes amid ample availability. On Monday, spot delivered refinery grade propylene in the US Gulf was assessed […]
Shandong Yulong Petrochemical has temporarily shut down its No.1 Polypropylene (PP) unit in Yantai, China. Market sources told that the unit was taken offline on September 26, 2025, to undergo maintenance. The duration of the outage remains uncertain, with no official word from company representatives so far. The No.1 PP unit, which boasts a production […]
HDPE prices slipped across parts of Asia this week while holding steady elsewhere. Crude oil kept climbing on the back of Russia-Ukraine tensions and the threat of new U.S. sanctions that could rattle supply chains. China’s polyethylene imports stayed firm but faced stiff competition from cheaper U.S. cargoes, even as Middle Eastern suppliers nudged prices […]
European polyethylene markets drifted lower or held flat this week, weighed down by ample imports, thin downstream demand and a lack of conviction ahead of the year’s final quarter. Sellers across grades are intent on clearing inventory before December, but buyers continue to purchase only what they need, leaving sentiment muted. High-density polyethylene (HDPE) film […]
High-density polyethylene (HDPE) film export prices in the United States slipped this week under the weight of soft domestic and overseas demand. Producers tried to hold or lift prices, but buyers resisted as inventories stayed ample and production remained steady. Latin American and Asian markets pushed back on US cargoes, citing cheaper regional alternatives and […]
Polypropylene (PP) prices in Europe slipped further this week, with weak demand and steady feedstock supply keeping the market under pressure. Industry participants had hoped for the usual September bounce, but the seasonal restocking never materialized, leaving sellers with excess stock and little leverage. A European trader said producers struggled to move volumes at higher […]
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