European ethylene prices began the week without fanfare, holding their ground despite broader economic uncertainties and uneven performance in downstream markets. According to an industry source in Europe who requested anonymity, the European ethylene market remained balanced on Monday, buoyed by consistent demand within the ethylene segment even as other derivative sectors exhibited signs of […]
The Chinese polymer futures market closed with a varied performance as the yuan traded at 7.12 to the U.S. dollar, setting the stage for subtle yet telling price movements across key commodities. Linear Low Density Polyethylene (LLDPE) futures started the session at RMB 7,232 (USD 844). Prices briefly climbed to a day high of RMB […]
In a development that may stir the Asia‐Pacific HDPE market, a source in China reports that PetroChina Fushun Petrochemical is planning to resume production at its High Density Polyethylene (HDPE) unit around October 4, 2025, following a scheduled turnaround. The unit in question was taken offline for maintenance approximately August 15, 2025. As of now, […]
In Mailiao, Taiwan, a significant development appears to be shaping the downstream chemicals landscape: Formosa Plastics Corporation (FPC) is reportedly planning a maintenance turnaround of its Acrylonitrile (ACN) production unit in mid-December 2025. This information comes via a source based in Taiwan, though no public confirmation or detailed timeline has yet been released. Mailiao’s ACN […]
A source in Turkey reports that a South Korean producer has proposed an offer of USD 760/mt for PVC Suspension grade, with shipment slated for September 2025 on a CFR Istanbul port basis. The quoted price reflects freight, insurance, and delivery up to Istanbul, and appears to position the seller aggressively in light of competing […]
Zhejiang Dushan Energy has restarted its purified terephthalic acid (PTA) plant in Jiaxing, China, during the first half of September 2025, following a scheduled turnaround that began on August 26. Though no official statement has yet been released by company authorities, a source in China confirms the resumption of operations. The Jiaxing facility boasts a […]
US monoethylene glycol (MEG) spot prices ended the week largely unchanged, assessed at 21.00–21.50 cents/lb FD US Gulf, even as a softer Asian market exerted downward pressure. Market participants reported that US material continues to sell at lower prices than in Asia, with some traders offering at even deeper discounts. Barge pricing showed slightly more […]
US ethylene spot prices declined last week as transactions closed at lower levels, pressured by soft regional demand and a drop in upstream contract values. Market participants noted increased paper market activity, a sign of growing instability, while polyethylene export prices held steady thanks to balanced supply and persistently weak demand. Domestic ethylene production has […]
Methanol prices in the United States remained unchanged last week, with spot activity notably subdued and no shifts in market fundamentals. An industry source reported that US spot methanol trading stayed quiet, with a lack of offers across the curve and no availability for immediate material. Domestic production continues to run smoothly, but without signs […]
Shandong Qinghe Chemical has suspended operations at its No. 1 polypropylene (PP) unit in Huantai, China, following an unexpected maintenance shutdown on September 12, 2025. According to a market source in China, the company is “heard to have halted operations” for maintenance, though details on the length of the outage remain uncertain. The source added […]
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