Crude oil prices managed a modest rebound on Friday, clawing back part of the previous day’s sharp losses as renewed fears over Russian supply disruptions met headwinds from rising global output and tepid demand in the United States. Benchmark Brent crude futures for near-month delivery on the Intercontinental Exchange settled up 0.93 percent, or 62 […]
China’s polypropylene market is watching developments at Hengli Petrochemical after the company initiated a planned shutdown of its No. 2 polypropylene (PP) unit on Changxing Island. According to industry sources, the facility was taken offline on September 12, 2025 for maintenance, though the company has not confirmed how long the outage will last. The No. […]
China’s propylene oxide market is on alert following an unplanned pause at one of the country’s key production sites. Industry sources report that Jiangsu Yida Chemical has taken its propylene oxide (PO) unit offline for maintenance, with the shutdown believed to have begun around September 7, 2025. The company has not yet issued an official […]
High-density polyethylene (HDPE) prices slipped in the Far East this week, while the rest of Asia saw little change. Sellers largely held offers steady as balanced inventories and moderate downstream demand kept the market cautious. Crude oil remained range-bound with a slightly positive bias, supported by Middle East tensions and the prospect of tighter U.S. […]
U.S. polyvinyl chloride (PVC) export prices edged lower this week, reflecting a market caught between persistent oversupply and divergent expectations for near-term demand. Industry sources told that sentiment has turned more cautious after several weeks of tentative strength, with buyers and sellers debating whether current levels can hold or if further weakness lies ahead. Market […]
Ethylene prices in the United States remained unchanged on Thursday, reflecting a period of subdued market activity and balanced supply-demand fundamentals. An industry source told that trading volumes were light, with participants showing little urgency to adjust bids or offers as domestic fundamentals stayed steady. Assessments placed U.S. Gulf Coast ethylene at 20.00–20.50 cents per […]
Polyethylene terephthalate (PET) prices in the United States remained unchanged this week, even as market participants continued to digest the federal government’s decision to impose full tariffs on PET and recycled PET imports effective September 8, 2025. According to an industry source, the tariff announcement initially created confusion, prompting many buyers and sellers to pause […]
Regional acrylonitrile (ACN) markets are monitoring supply conditions after Sumitomo Chemical Asia unexpectedly shut down its ACN production facility in late August. According to a source in Japan, operations at the Niihama plant were halted around August 25, 2025, though the precise cause and the anticipated duration of the outage have not yet been disclosed. […]
The Asian polyester feedstock market is on alert as Sichuan Shengda Chemical New Material plans to take its large-scale purified terephthalic acid (PTA) facility offline for maintenance later this month. A source in China reports that the one-million-metric-ton-per-year plant, located in Nanchong, is slated for a second-half of September 2025 shutdown to undergo a scheduled […]
The isopropanol (IPA) market is bracing for potential supply ripples after Kellin Chemical unexpectedly shut down its IPA production unit in Zhangjiagang, Jiangsu province. According to a source in China, the facility was taken offline for maintenance around September 10, 2025, though the exact duration of the outage remains uncertain. The 100,000-metric-ton-per-year plant is a […]
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