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 […]
Enterprise Products has taken its No. 2 propane dehydrogenation (PDH) unit at Mont Belvieu, Texas offline as of September 11, 2025 for maintenance, according to sources in the U.S. team. The shutdown was reported internally but has not yet been officially confirmed by the company. How long the unit will remain out of service remains […]
U.S. polypropylene (PP) export prices slipped again this week, underscoring a market that continues to wrestle with slack demand and stubbornly high buyer inventories. Despite some of the most competitive offers seen this year, overseas customers remain largely indifferent, leaving producers and traders to contend with a persistent glut and mounting pressure from low-cost Asian […]
Activity at one of China’s major polypropylene facilities has come to a halt once more. According to market information, Shandong Yulong Petrochemical has taken its No.3 polypropylene (PP) unit offline only days after bringing it back into operation. Sources in China report that the company shut the unit around September 18, 2025, following a short […]
The Iranian recycled polymer market maintained a steady tone this week, with prices across key grades showing little sign of volatility despite mixed demand from downstream sectors. Traders and converters reported that balanced supply and cautious buying patterns have kept the market in equilibrium, allowing prices to remain stable on a free-on-board (FOB) Iran basis. […]
China’s key polymer futures edged lower in the latest trading session, with contracts for linear low-density polyethylene (LLDPE), polypropylene (PP), polyvinyl chloride (PVC), and monoethylene glycol (MEG) all closing in negative territory as sentiment softened across commodity markets. On the Dalian Commodity Exchange, LLDPE opened at RMB 7,235 (about USD 846) and briefly climbed to […]
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