Polyethylene terephthalate (PET) prices in the United States remained unchanged this week, with market conditions described as subdued and sentiment depressed by sluggish demand. A US-based industry source told that, “The US spot import PET market experienced limited activity, keeping prices steady due to weak demand. Sentiment remained depressed due to low end-consumer demand, with […]
Ethylene prices in the United States remained unchanged on Thursday, with slower purchasing activity keeping sentiment subdued. Market participants reported that the lull in buying interest reflected broader weakness in downstream derivatives such as polyethylene and styrene, where demand continues to trail expectations. A US-based industry source told that, “Prices remained unchanged as purchasing activity […]
High-density polyethylene (HDPE) export prices in the United States declined this week as weak demand and abundant supply across all polyethylene grades continued to weigh on sentiment. Market participants reported that the bearish tone seen throughout August has persisted, with both domestic and export markets facing subdued buying interest. A US-based industry source told Polymerduniya, […]
Evonik has officially inaugurated Asia’s first world-scale alkoxides facility on Jurong Island, Singapore, a development that marks a pivotal step in its global catalyst strategy and reinforces its long-term commitment to the region. The plant, which carries an annual production capacity of 100,000 metric tons, represents a mid-double-digit-million-euro investment first announced in May 2023. Built […]
Recycled high-density polyethylene (R-HDPE) markets in Asia showed a modest uptick this week, with natural film pellet prices climbing slightly even as black blow molding grades held steady. Market sentiment, however, remains cautious as recyclers struggle to compete with cheaper virgin polyethylene. A regional industry source told that, “The Asian R-HDPE natural film pellet market […]
Hengli Petrochemical has reportedly shut down its purified terephthalic acid (PTA) facilities in Huizhou, China, following technical complications that surfaced earlier this week. According to a Polymerduniya source, the company halted operations on August 21, 2025, though the precise timeline for resumption remains uncertain. “The company is heard to have shut its units due to […]
Recycled polyethylene terephthalate (R-PET) markets across Asia came under renewed pressure this week, with prices sliding amid subdued buying activity and a competitive environment where virgin PET remains more cost-effective for downstream users. Market participants reported that consumption of recycled polyester fibers for clothing applications has stayed exceptionally weak, as virgin PET continues to trade […]
Ethylene prices slipped in Europe on Wednesday as subdued demand and ample regional supply exerted downward pressure, while Northeast Asia bucked the trend with a modest uptick. A market participant in Europe told Polymerduniya, “Prices came under bearish pressure as weak demand and ample supply weighed on the market.” The sentiment reflects broader weakness in […]
Hyundai Chemical is preparing for a planned shutdown of its polypropylene (PP) units in Daesan, South Korea, in what could become a significant supply event for the Asian market heading into year-end. Market sources informed that the company is expected to take both units offline around October 13, 2025, with operations scheduled to resume by […]
Ethylene vinyl acetate (EVA) prices in Europe remained unchanged this week as weak demand and seasonal slowdowns weighed on trading activity. Market participants noted subdued buying interest, with most players holding back ahead of September contract negotiations. A European industry source told Polymerduniya, “Trading activity in the EVA spot market stayed muted amid persistently low […]
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