US spot ethylene prices fell further last week, extending a downward trend that has persisted through August despite reports of supply disruptions at major olefins facilities. Market sentiment remained bearish as ample availability and weak downstream demand outweighed temporary outages. A market source told that, “Spot ethylene prices in the U.S. kept declining, even with […]
Propylene contract prices in the United States settled lower for August 2025, reflecting weaker downstream demand and steady supply levels that continue to weigh on market sentiment. According to a local industry source, polymer grade propylene (PGP) contracts for August finalized at 35.50 cents per pound, while chemical grade propylene (CGP) settled at 34.00 cents […]
Crude oil prices fell on Friday, snapping a two-day rally, as slowing US summer demand and renewed supply concerns from OPEC+ weighed on sentiment. The decline came even as the Russia–Ukraine war showed no signs of resolution, with the European Union weighing secondary sanctions on Russian crude buyers. Moscow’s steady exports to India, China, and […]
The US polymer market faced another bearish week, with most polyethylene grades drifting lower and PVC export prices collapsing to levels under USD 600/mt. Ample supply, soft global demand, and growing competition from overseas producers have kept sentiment weak, leaving traders and producers struggling to maintain margins. High-density polyethylene (HDPE) export prices moved lower, weighed […]
ABB has entered a landmark supply agreement with Citroniq to provide advanced automation, electrification, and digital technologies for what is set to become the world’s first full commercial-scale biogenic polypropylene facility. The project, located in Nebraska, will use corn-based ethanol feedstock to produce fully certified 100% bio-based polypropylene, with operations scheduled to begin in 2029. […]
Polyvinyl chloride (PVC) export prices in the United States fell sharply this week, sinking below USD 600/mt as oversupply and weak demand continued to dominate market dynamics. Traders said the steep decline has raised expectations that producers may eventually cut operating rates to stem further price losses, although no such moves have been confirmed. A […]
Polypropylene (PP) prices across Latin America drifted lower this week, pressured by declining freight costs from Asia and competitive offers from suppliers in China and the Middle East. The arrival of attractively priced cargoes eroded sentiment across Brazil, Mercosur, and the West Coast of South America, leaving regional producers facing intensifying competition and subdued downstream […]
Linear low-density polyethylene (LLDPE) export prices in the United States fell this week, weighed down by subdued global demand and persistently high supply levels. Traders reported that sluggish conditions, evident throughout August, extended across both domestic and key international markets, leaving sellers with limited room to maneuver. A US-based market participant told Polymerduniya, “US spot […]
Low-density polyethylene (LDPE) prices in Latin America showed a mixed pattern this week, with values slipping in West Coast South America (WCSA) while holding steady in Brazil and Mercosur. The decline reflected subdued trading activity and continued oversupply, keeping buyers firmly in a wait-and-see mode. A regional industry source told, “Spot prices for LDPE in […]
Polyethylene terephthalate (PET) prices in the United States remained unchanged this week, with market conditions described as subdued and sentiment depressed by sluggish demand. A US-based industry source told that, “The US spot import PET market experienced limited activity, keeping prices steady due to weak demand. Sentiment remained depressed due to low end-consumer demand, with […]
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