Polymer-grade propylene (PGP) prices in the United States began the week on a weaker footing, easing lower as market activity remained sluggish. Spot PGP delivered to the US Gulf was assessed on Monday at 31.50–32.00 cents per pound, marking a decline of one cent per pound from last Friday’s levels. An industry source in the […]
International crude benchmarks inched upward on Monday, extending a cautious rebound as traders assessed supply signals and broader economic sentiment. Data showed that Brent crude for November 2025 delivery settled at USD 66.86 per barrel, up USD 0.29, or 0.44 percent, after moving between an intraday high of USD 66.91 and a low of USD […]
Oil futures in early trade showed slight declines, reflecting a tug-of-war between stable demand signals and growing concerns over excess supply. West Texas Intermediate for October delivery slipped to USD 62.65 a barrel, barely down, and Brent for November edged lower to USD 66.56 a barrel. Analysts suggest that while supply remains plentiful, particularly with […]
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 […]
U.S. ethylene spot prices stayed flat last week, a sign of steady production and long market conditions that continue to define the Gulf Coast trade. A U.S. industry source told that spot prices were unchanged as the region remained oversupplied. Downstream, export polyethylene prices kept sliding on soft demand and heavy inventories, but ethylene producers […]
Propylene prices in the United States held steady last week, underscoring a market weighed down by weak demand and ample supply. A U.S.-based industry source told that spot propylene saw no transactions and no price movement as persistent low demand from downstream markets and swollen inventories kept buyers sidelined. While some participants anticipate a price […]
US polymer markets faced another week of broad-based weakness, with most key resins posting price declines under the weight of abundant supply and soft demand. Sellers across polyethylene, polypropylene, and polystyrene grappled with swelling inventories and hesitant buyers, while even the normally resilient PET market held flat as participants assessed fresh trade policy shifts. High-density […]
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 […]
Crude oil prices dropped for the third straight day on Friday, weighed down by growing worries over excess supply and tepid demand forecasts. Despite the U.S. Federal Reserve’s recent 25-basis-point rate cut intended to spur economic activity, the markets remain nervous. Additional output from OPEC+ and a global supply glut have offset hopes of stronger […]
Propylene prices in the United States showed no movement on Thursday, extending a week-long pattern of muted trading and steady assessments. Market participants described an atmosphere of quiet caution, with buyers and sellers content to wait for clearer signals before committing to fresh volumes. A Gulf Coast trader told a correspondent that sentiment remains subdued […]
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