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. […]
The U.S. petrochemical sector closed the week under a subdued cloud, with most key polymers struggling to gain traction as buyers remained cautious and supplies stayed plentiful. Macroeconomic uncertainty and persistent trade headwinds continued to weigh on sentiment, keeping purchasing activity restrained and prices largely flat or drifting lower across major product streams. High-density polyethylene […]
High-density polyethylene (HDPE) film spot prices slipped across Europe this week while contract values held steady. Oversupply and persistently weak demand weighed on sentiment as competitive imports, particularly from the United States, kept pressure on local suppliers. Buyers remained cautious, with limited restocking activity despite speculation about potential counter-tariffs on U.S. polyethylene. Low-density polyethylene (LDPE) […]
High-density polyethylene (HDPE) prices slipped in the Far East this week, while the rest of Asia saw little change. Sellers largely held offers steady as balanced inventories and moderate downstream demand kept the market cautious. Crude oil remained range-bound with a slightly positive bias, supported by Middle East tensions and the prospect of tighter U.S. […]
Hyundai Chemical is reportedly preparing to take its polypropylene (PP) units in Daesan, South Korea, offline for planned maintenance, according to a market source. The temporary shutdown is expected to begin around October 13, 2025, with operations likely to resume by December 14, 2025, though the company has yet to release an official confirmation. The […]
A market source in Indonesia reports that a leading polymer producer from the United Arab Emirates has unveiled a fresh offer for polypropylene (PP) block copolymer at USD 890 per metric ton, drawing attention across the regional plastics market. According to the source, the cargo is scheduled for September 2025 shipment and will be supplied […]
China’s polymer futures market displayed a mixed performance, with prices for key contracts moving in narrow ranges amid subdued sentiment. The LLDPE (l2601) contract opened at RMB 7,234 (USD 834) and fluctuated between a day high of RMB 7,247 (USD 846) and a low of RMB 7,222 (USD 843), before settling at RMB 7,226 (USD […]
Polypropylene (PP) prices slipped across the Asian region this week, pressured by lower import offers from overseas suppliers and sluggish demand from regional buyers. An industry source in Asia, who requested anonymity, explained that the broader energy complex has provided some stability, with crude oil expected to remain range-bound to slightly positive. Heightened tensions in […]
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