The European polyethylene terephthalate (PET) market faced renewed downward pressure this week, as spot prices weakened while contract prices held steady. Market participants reported that a combination of elevated stock levels, sluggish post-summer demand, and competitively priced imports weighed on sentiment, leaving sellers with little room to push through additional volumes. An industry source in […]
Global crude oil benchmarks traded slightly weaker in early Wednesday activity, reflecting a cautious tone across energy markets as traders assessed demand fundamentals against persistent oversupply concerns. West Texas Intermediate (WTI) crude for October 2025 delivery slipped 0.19 percent, or 12 cents, to settle at USD 63.36 per barrel as of 6:00 a.m. EDT. Brent […]
China’s polymer futures market showed a modestly bullish tone on Wednesday, with all major contracts ending the session higher. Market participants noted that while demand fundamentals remain soft, marginal restocking interest and stable cost signals provided some support to prices across polyethylene, polypropylene, PVC, and MEG. Linear low-density polyethylene (LLDPE, l2601) futures opened at RMB […]
China’s polyethylene market has seen another round of September offers emerge, with a leading Saudi Arabian producer heard to have announced its price for metallocene linear low-density polyethylene (mLLDPE) at USD 1,005 per metric ton. The cargoes are being offered on a CFR China Main Port basis for shipment next month, according to a source. […]
Fresh import offers have emerged in the Chinese polyethylene market, with a Canadian producer heard to have put forward its price for metallocene linear low-density polyethylene (mLLDPE) grades. According to a source, the offer stands at USD 1,005 per metric ton on a CFR China Main Port basis for September 2025 shipment. The announcement comes […]
Fresh activity has been reported in the Chinese polyethylene market, with a producer from Thailand heard to have announced its latest offer for metallocene linear low-density polyethylene (mLLDPE) grades. According to a source, the offer has been set at USD 1,010 per metric ton on a CFR China Main Port basis for September 2025 shipment. […]
Chinese polymer futures closed Wednesday on a mixed note, with three major contracts slipping while monoethylene glycol (MEG) managed to post modest gains. Market sentiment remained cautious as traders weighed weak downstream demand against ongoing supply adjustments. Linear low-density polyethylene (LLDPE, l2601) contracts opened at RMB 7,241/mt (USD 843/mt) and fluctuated between RMB 7,243/mt (USD […]
Ethylene prices in Europe moved higher midweek, supported by stronger regional demand that gave a lift to sentiment after a period of subdued trading. Market participants reported that improved buying interest from downstream sectors, coupled with firmer negotiations among traders and converters, helped push prices higher in the spot market. An industry source in Europe […]
Ethylene vinyl acetate (EVA) prices in Europe moved lower this week, weighed down by persistent oversupply, sluggish downstream demand, and subdued trading activity. The market tone remained distinctly pessimistic, with participants signaling little expectation of improvement in the near term. An industry source in Europe told Polymerupdate, “Demand for spot European EVA grades continued to […]
Propylene markets in Europe came under fresh downward pressure midweek, with prices slipping as buyers stayed on the sidelines and supply remained abundant across the region. An industry source in Europe told that “the price drop was driven by weak buying sentiment and ample product supply in the region.” Market participants noted that sluggish demand […]
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