Polypropylene prices in Europe softened again this week, weighed down by weak demand and abundant supply. Market players had hoped for a September restocking bounce, but the usual seasonal uptick never arrived. “The typical September restocking did not occur this year, leading to an oversupply,” one trader told a team member. Producers struggled to move […]
Recycled polymer prices in the Middle East were unchanged this week, reflecting a market settled into a steady rhythm of moderate demand and consistent supply. No adjustments were reported across polypropylene, polyethylene, polystyrene, PET, PVC, or ABS grades. Market participants said stable buying from packaging and consumer goods sectors is meeting a dependable flow of […]
Recycled polymer prices in Karachi were unchanged on Thursday as processors continued to buy only what they needed, keeping market sentiment cautious and directionless. Traders said the outlook remains tied to shifts in demand from major end-use sectors. R-PP injection moulding white held at PKR 295 per kilogram, while the black grade stayed at PKR […]
Recycled polymer prices in Iran showed a varied pattern this week, with different grades holding steady at distinct levels on an FOB Iran basis. R-HFI 5110 in plain bags was assessed at USD 940 per metric ton, while both R-LFI 2119 and R-LIM 2047 held at USD 1,070 per metric ton. R-BL3 traded at USD […]
Key polymer contracts on China’s Dalian Commodity Exchange nudged higher today, extending a cautious upward drift despite a quiet broader market. With the yuan trading at 7.12 to the dollar, gains were modest but consistent across major grades. Linear low-density polyethylene (LLDPE, January 2026) opened at RMB 7,117, about USD 831 per metric ton, and […]
Propylene prices across Asia retreated at the start of the week as subdued trading and limited downstream appetite continued to weigh on sentiment. Market participants reported that FOB Korea values fell to USD 760–770 per metric ton on Monday, down USD 5 from Friday’s assessment. CFR China prices mirrored the trend, easing to USD 790–800 […]
Major polymer futures in China closed lower on Monday, reflecting a cautious start to the trading week amid steady currency levels and restrained buying interest. With the yuan holding near 7.11 to the U.S. dollar, contracts for leading plastics drifted lower across the board despite intraday swings. Linear low-density polyethylene (LLDPE) January 2026 contract (l2601) […]
Industry contacts in China report that Sinopec Maoming Petrochemical is preparing to take its No. 2 polypropylene (PP) unit offline in early November 2025. The plant, located in Maoming, Guangdong Province, carries a nameplate capacity of 200,000 metric tons per year and is a key contributor to regional PP supply. According to a market source […]
Al-Waha Petrochemical Company is planning to bring its 450,000 mt/year polypropylene (PP) unit back online by the end of September 2025, following a shutdown for maintenance that reportedly began around September 1. A source in Saudi Arabia said the company aims to resume operations at the Jubail facility, though official confirmation remains pending. The Jubail […]
Polypropylene prices fell across the Gulf Cooperation Council this week, pressured by lower import offers and shifting global feedstock trends that kept the market on edge. A regional industry source told that overseas suppliers cut prices aggressively, undercutting confidence and adding to the downward pull from soft supply-demand dynamics, raw-material cost changes, and lingering logistics […]
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