The US propylene market closed last week on a mixed note, with Polymer Grade Propylene (PGP) prices edging higher while Refinery Grade Propylene (RGP) values held steady. Market participants reported that tighter supply conditions combined with resilient automotive demand were key drivers behind the modest rise in PGP, even as overall market fundamentals remained fragile. […]
Crude oil prices climbed higher in early morning trading on Monday, with both West Texas Intermediate (WTI) and Brent benchmarks posting notable gains. The movement reflects improving sentiment in the energy markets, driven by renewed optimism over global demand trends and stronger buying activity from traders anticipating tighter supply conditions heading into the final quarter […]
The US polymers market displayed a blend of ongoing weakness and tentative optimism this week, as most segments continued to face pressure from subdued demand and oversupply. While high-density polyethylene (HDPE), polypropylene (PP), polystyrene (PS), and polyethylene terephthalate (PET) grappled with persistent downward sentiment, polyvinyl chloride (PVC) provided a rare bright spot, with export prices […]
The US low-density polyethylene (LDPE) export market remained stable this week, with prices unchanged as balanced supply and demand kept trading conditions subdued. Market participants reported that while fundamentals are steady, broader uncertainties, ranging from global currency movements to evolving trade policies, continue to cloud the short-term outlook. An industry source told that LDPE spot […]
Ethylene prices in the United States remained unchanged on Thursday, as muted trading activity and weak buying appetite kept the market subdued. Market participants reported that sentiment was cautious, with buyers refraining from securing fresh volumes amid already comfortable stock levels. A US-based source told that purchases slowed noticeably during the week, leaving prices to […]
The US linear low-density polyethylene (LLDPE) export market paused its downward trajectory this week, with prices holding steady after two consecutive weeks of declines. Market participants described the stability less as a signal of recovery and more as a temporary lull, as buyers and sellers alike delayed fresh commitments while awaiting clearer guidance on September […]
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 […]
Global crude oil benchmarks traded slightly weaker in early Wednesday activity, reflecting a cautious tone across energy markets as traders assessed demand fundamentals against persistent oversupply concerns. West Texas Intermediate (WTI) crude for October 2025 delivery slipped 0.19 percent, or 12 cents, to settle at USD 63.36 per barrel as of 6:00 a.m. EDT. Brent […]
Mexico’s state-owned energy and petrochemicals giant Pemex has taken its low-density polyethylene (LDPE) plant at La Cangrejera offline for scheduled maintenance, according to market sources. A contact in Mexico reported that the facility was halted on August 22, 2025, though the precise duration of the outage has not been confirmed. An official statement from Pemex […]
Ethylene vinyl acetate (EVA) prices in Europe moved lower this week, weighed down by persistent oversupply, sluggish downstream demand, and subdued trading activity. The market tone remained distinctly pessimistic, with participants signaling little expectation of improvement in the near term. An industry source in Europe told Polymerupdate, “Demand for spot European EVA grades continued to […]
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