Recycled polymer markets across the Middle East maintained a steady footing over the past week, with prices largely unchanged as balanced supply–demand fundamentals kept volatility in check. Industry participants pointed to stable inventories and reliable collection flows as the primary factors supporting price stability, even as downstream consumption remained tepid. Converters continued to buy only […]
Hyosung Vina Chemicals is preparing to take its No. 1 polypropylene (PP) unit in Cai Mep, Vietnam, offline for an extended maintenance program, a move that could tighten regional PP supplies as year-end approaches. Market sources report that the company intends to halt operations by the end of October 2025, with the outage expected to […]
On Tuesday, propylene prices in the United States showed little movement as market participants appeared cautious, with trading activity dipping amid a widening gap between what buyers are willing to pay and what sellers expect. According to an industry source, the overall undertone was stable but subdued. Polymer grade spot-delivered propylene was assessed at 32.50-33.00 […]
Polypropylene (PP) prices across Asia softened this week, driven by sluggish demand, currency headwinds, and increasing competition from import offers. According to an anonymous industry source, geopolitical tensions, especially those arising from the Russia-Ukraine conflict, have stirred concerns over supply disruptions, while expectations of a U.S. Federal Reserve rate cut have helped prop up crude […]
In China’s polymer futures market today, small but telling shifts emerged across several core resin and feedstock grades. LLDPE (Linear Low-Density Polyethylene) and PP (Polypropylene) both closed lower, PVC (Polyvinyl Chloride) managed a slight gain, and MEG (Monoethylene Glycol) remained nearly flat. LLDPE opened the session at RMB 7,252/mt (about USD 849/mt), saw a brief […]
Propylene prices in the United States saw no change on Monday, locking in the same assessment as last Friday even as cracks appeared in market alignment. An industry source in the US, speaking under condition of anonymity, informed that the pricing undertone remained largely stable, but trading activity had slowed down sharply. Much of the […]
On Monday, propylene prices remained stubbornly unchanged across major European and Asian markets, even as buyers stayed cautious and trading activity failed to heat up. An industry source in Europe, speaking on condition of anonymity, conveyed to the team that while buying interest in the region is consistent, it is not enough to push prices […]
The Chinese polymer futures market closed with a varied performance as the yuan traded at 7.12 to the U.S. dollar, setting the stage for subtle yet telling price movements across key commodities. Linear Low Density Polyethylene (LLDPE) futures started the session at RMB 7,232 (USD 844). Prices briefly climbed to a day high of RMB […]
Shandong Qinghe Chemical has suspended operations at its No. 1 polypropylene (PP) unit in Huantai, China, following an unexpected maintenance shutdown on September 12, 2025. According to a market source in China, the company is “heard to have halted operations” for maintenance, though details on the length of the outage remain uncertain. The source added […]
China’s polypropylene market is watching developments at Hengli Petrochemical after the company initiated a planned shutdown of its No. 2 polypropylene (PP) unit on Changxing Island. According to industry sources, the facility was taken offline on September 12, 2025 for maintenance, though the company has not confirmed how long the outage will last. The No. […]
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