Crude prices edged up on Tuesday, with both Brent and West Texas Intermediate inching higher in quiet trading. Brent crude for November 2025 delivery settled at USD 68.22 a barrel after touching a session high of USD 68.23 and a low of USD 67.51, marking a gain of 59 cents or 0.87 percent. WTI crude […]
Propylene markets in the United States showed no movement on Tuesday, with traders reporting a quiet session and balanced fundamentals. An industry source told Polymerupdate that regional demand remained flat, leaving prices unchanged from the start of the week. Polymer-grade spot delivered propylene held at 31.50–32.00 cents per pound FD US Gulf, while refinery-grade material […]
PVC prices across Asia stayed flat this week, with traders largely unmoved despite rising global oil prices and persistent geopolitical tension. Market participants pointed to balanced supply and demand as the main reason for the quiet tone. A regional source told that even with crude continuing its upward climb amid the Russia-Ukraine conflict and the […]
Ethylene markets showed little sign of life on Tuesday, with prices holding steady on both sides of the Pacific as traders reported muted activity. In the United States, an industry source told that buying and selling interest remained thin, keeping ethylene values unchanged. Assessments stayed at 20.00–20.50 cents per pound FD US Gulf, the same […]
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 […]
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