Polypropylene (PP) export prices in the United States moved lower this week, pressured by persistently weak demand and muted interest from downstream converters. Market participants reported that despite a decline in feedstock costs, expectations of stronger buying activity failed to materialize, leaving the market under renewed pressure. A source told that both homopolymer and copolymer […]
China’s polymer futures market showed a modestly bullish tone on Wednesday, with all major contracts ending the session higher. Market participants noted that while demand fundamentals remain soft, marginal restocking interest and stable cost signals provided some support to prices across polyethylene, polypropylene, PVC, and MEG. Linear low-density polyethylene (LLDPE, l2601) futures opened at RMB […]
Chinese polymer futures closed Wednesday on a mixed note, with three major contracts slipping while monoethylene glycol (MEG) managed to post modest gains. Market sentiment remained cautious as traders weighed weak downstream demand against ongoing supply adjustments. Linear low-density polyethylene (LLDPE, l2601) contracts opened at RMB 7,241/mt (USD 843/mt) and fluctuated between RMB 7,243/mt (USD […]
Propylene markets in Europe came under fresh downward pressure midweek, with prices slipping as buyers stayed on the sidelines and supply remained abundant across the region. An industry source in Europe told that “the price drop was driven by weak buying sentiment and ample product supply in the region.” Market participants noted that sluggish demand […]
S-Oil Corp is preparing for a significant maintenance shutdown at its No. 1 residue fluid catalytic cracker (RFCC) unit in Onsan, South Korea, which could temporarily tighten propylene supply in the region. According to a source, the company is expected to commence maintenance on the unit by mid-October 2025, with operations likely to remain offline […]
Activity in Europe’s recycled polypropylene (R-PP) market picked up this week with new offers surfacing from the UK. According to a source, a UK-based producer is heard to have offered its R-PP homopolymer P512 grade, described as medium melt, black colour with an MFI of 10, at GBP 575 per metric ton. The material is […]
Fresh activity has been reported in Europe’s polypropylene markets, with a UK-based producer heard to have announced new offers for recycled polypropylene (R-PP) injection grades for September 2025 shipment. According to a source, the producer has offered R-PP injection grade (medium melt, black colour, MFI 10) at GBP 910 per metric ton, alongside PP injection […]
Polypropylene (PP) prices across Asia rolled over this week, reflecting an uneasy balance between ample supply and muted demand, as regional markets struggled to find direction amid mounting economic pressures and sluggish downstream activity. A source in Asia observed that the global energy backdrop remains a defining factor, with the Russia–Ukraine conflict and U.S. sanctions […]
On Tuesday, Chinese commodity futures for key polymers delivered a mixed performance, reflecting a tug-of-war between demand uncertainty and cost-side pressures in the petrochemicals sector. Linear low-density polyethylene (LLDPE) futures on the Dalian Commodity Exchange began the session at RMB 7,252/mt (USD 844) and fluctuated within a narrow band before closing slightly lower at RMB […]
Chinese polymer futures closed Monday with a mixed performance, reflecting the fragile sentiment across petrochemical markets. Gains in polyvinyl chloride (PVC) contrasted with declines in linear low-density polyethylene (LLDPE), polypropylene (PP), and monoethylene glycol (MEG), underscoring the divergent fundamentals shaping trading activity. On the Dalian Commodity Exchange, LLDPE (l2601) contracts opened at RMB 7,275 (USD […]
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