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 […]
Crude oil prices slipped in early Tuesday trading, reversing recent stability as concerns over demand outlook and persistent supply pressures weighed on market sentiment. West Texas Intermediate (WTI) crude for October 2025 delivery declined by $0.82, or 1.28 percent, to settle at $63.15 per barrel as of 3:09 a.m. EDT. Brent crude for November 2025 […]
Polymer grade propylene (PGP) prices in the United States declined on Tuesday, pressured by a slowdown in trading activity and subdued demand from downstream sectors. Market participants noted that sentiment has weakened further as buyers remain hesitant to commit, reflecting cautious inventory management amid uncertain macroeconomic conditions. Spot delivered PGP was assessed at 31.00–31.50 cents/lb […]
Fresh offers have emerged in Pakistan’s polyethylene market, with a Middle Eastern producer heard to have quoted linear low-density polyethylene (LLDPE) roto molding grade at USD 1,090 per metric ton, on a CFR Karachi port basis, for September 2025 shipment. According to a source in Pakistan, the offer highlights how regional producers are positioning themselves […]
Polypropylene (PP) prices in the Gulf Cooperation Council (GCC) region remained unchanged this week, with market sentiment balanced but clouded by geopolitical uncertainty. A regional industry source told that, “Prices of polypropylene stayed steady in the GCC, with fundamentals largely in equilibrium. However, concerns about a possible resurgence of conflict between Israel and Iran have […]
Propylene markets in the United States showed a mixed performance last week, with refinery-grade propylene (RGP) recording modest gains while polymer-grade propylene (PGP) remained largely unchanged as sentiment stayed cautious. According to an industry source, RGP prices edged higher, buoyed by stronger bids in the railcar sector and spillover momentum from earlier gains in the […]
Monoethylene glycol (MEG) prices in the United States remained flat last week, with market sentiment subdued despite the restart of a major production facility in Louisiana. An industry source told that, “US MEG prices remained stable as offers stayed the same after a major producer returned to the market. Spot offers were noted to be […]
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