Major polymer futures in China closed lower on Monday, reflecting a cautious start to the trading week amid steady currency levels and restrained buying interest. With the yuan holding near 7.11 to the U.S. dollar, contracts for leading plastics drifted lower across the board despite intraday swings. Linear low-density polyethylene (LLDPE) January 2026 contract (l2601) […]
Propylene prices in Europe began the week without direction, holding unchanged as oversupply and muted downstream activity weighed on market sentiment. Spot polymer-grade propylene in Northwest Europe was assessed Monday at EUR 775–785 per metric ton on an FD basis, while CIF NWE values stayed flat at EUR 755–765 per metric ton, matching last Friday’s […]
Market contacts in Taiwan report that Formosa Chemicals & Fibre Corp (FCFC) is preparing to take its No. 2 paraxylene (PX) unit offline for scheduled maintenance in October 2025. The facility, situated in Mailiao, carries a nameplate capacity of 700,000 metric tons per year and plays a central role in the company’s aromatic chemicals operations. […]
Ethylene prices in Europe opened the week on a firmer note, with CIF Northwest Europe (NWE) values assessed on Monday at USD 745–755 per metric ton, reflecting a modest gain of USD 5 from Friday’s closing range. Market participants said sellers moved to lift their offers in an effort to recover thinning margins, a sign […]
Industry contacts in China report that Sinopec Maoming Petrochemical is preparing to take its No. 2 polypropylene (PP) unit offline in early November 2025. The plant, located in Maoming, Guangdong Province, carries a nameplate capacity of 200,000 metric tons per year and is a key contributor to regional PP supply. According to a market source […]
A market contact in Vietnam reports that a domestic producer has tabled fresh offers for PET resin bottle-grade material with an intrinsic viscosity of 0.84, quoting prices in the range of USD 836 to 840 per metric ton. The parcels are being proposed for October 2025 shipment on a free-on-board basis, inviting interest from regional […]
A well-placed market source in Pakistan reports that a China-based trading house has extended an offer for Propylene Glycol of Singapore origin, pricing the cargo at USD 1,385 per metric ton. The shipment is scheduled for October 2025 delivery and is being quoted on a CFR Karachi port basis, with payment terms set as a […]
An industry source in the East Mediterranean reports that a Northeast Asian supplier has floated a high-impact polystyrene (HIPS) grade offer around USD 1,250 per metric ton for October 2025 shipment, CFR to a main port in the East Mediterranean. The quoted level suggests the seller is positioning aggressively into that market window, possibly leveraging […]
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 […]
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