The Asian polyethylene and polypropylene markets remained subdued this week, with prices either holding steady or easing across most segments. Market sentiment was cautious, shaped by geopolitical headlines, seasonal shifts, and regional supply developments. Peace talks between Ukraine and Russia, reportedly pushed by a US-led diplomatic effort, sparked hopes of lower crude oil prices, but […]
US export prices for polyvinyl chloride (PVC) declined this week, weighed down by tepid demand and ample supply. An industry source told a Polymerduniya team member that sellers faced difficulty closing deals since interest from buyers only emerged at levels below current price assessments. With US producers continuing to deliver sufficient volumes, buyers in key […]
Ethylene prices in the United States slipped on Thursday as deals were finalized at reduced levels. An industry source told a Polymerduniya team member that the decline reflected softer trading sentiment in the market. Prices were assessed at 22.00–22.50 cents/lb FD US Gulf, marking a drop of 0.50 cents/lb from Wednesday’s levels. In contrast, Asian […]
On Wednesday, polymer futures in China closed on a firmer note, with LLDPE, PP, PVC, and MEG all recording modest day-on-day gains, supported by steady market sentiment and improved buying interest. LLDPE (l2601) opened at RMB 7,347 (USD 850) and traded between RMB 7,413 (USD 858) and RMB 7,337 (USD 849) before closing at RMB […]
This week, recycled polymer prices across the Middle Eastern region remained stable, supported by consistent buying interest from converters and steady availability in most markets. Traders noted that comfortable inventory levels and moderate collection activity kept supply in balance, while downstream demand in certain sectors stayed soft. The absence of major disruptions, combined with cautious […]
Grupa Azoty Polyolefins has officially withdrawn from its turnkey contract with Hyundai Engineering for the Polimery Police Project, citing repeated delays and unfulfilled obligations. The decision, delivered on August 14, 2025, comes after milestone acceptance deadlines were missed, test runs were not completed on time, and counterclaims between the two sides remained unresolved. In tandem […]
On the Dalian Commodity Exchange, polymer futures closed mostly lower on Monday as trading sentiment remained subdued. The exchange rate stood at 1 USD = 7.18 RMB. LLDPE (l2509) opened at RMB 7,308 (USD 846) and moved between RMB 7,312 (USD 846) and RMB 7,264 (USD 841) before closing at RMB 7,292 (USD 844). Prices […]
As of August 13, the Dalian Commodity Exchange witnessed downward shifts across key polymer futures, signaling a broad-based cooling in domestic petrochemical sentiment. The LLDPE (2509 contract) declined 0.20%, or RMB 15 per ton, closing at RMB 7,313 (USD 846) after trading between RMB 7,305 and RMB 7,338. Polypropylene (PP 2509) saw a slightly steeper […]
Formosa Plastics Corporation (FPC) is preparing for a scheduled shutdown of its Polyvinyl Chloride (PVC) production unit at Mai Liao, Taiwan, in mid-August 2025, according to updated information obtained by Polymerduniya. A source in Taiwan confirmed that the facility will go offline around August 15 and is expected to remain shut until approximately August 21, […]
In the Gulf Cooperation Council (GCC) region, PVC resin prices remained unchanged this week, as confirmed by a regional Polymerduniya source. The Suspension grade PVC was assessed at USD 680–720/mt CFR GCC, matching levels from the previous week. Market sentiment in the region remains cautious. According to the source, sluggish construction activity and competitive pricing […]
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