Category: Asia

PolymerEnergy

European PET Spot Prices Slide to Multi-Year Lows as Summer Slump Drags On; Contracts Hold Steady

Polyethylene terephthalate (PET) spot prices in Europe edged lower this week, extending a period of sluggish demand and oversupply that has left the market mired in one of its weakest phases since early 2021. Contract values, however, were unchanged across the region, offering little indication of recovery as September approaches. A European market participant told […]
Polymer Pharma

US PET Prices Hold Steady Amid Weak Demand as Asian Market Slips

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 […]
PolymerPrice decrease

US Ethylene Prices Hold Steady Amid Sluggish Buying; Asia Market Also Flat

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 […]
Polymer Plastic

US HDPE Export Prices Fall on Weak Global Demand as Chinese Market Absorbs Surplus

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, […]
Polymer Partnership

Evonik Launches Asia’s First Alkoxides Plant in Singapore to Strengthen Global Supply and Drive Sustainable Growth

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 […]
PolymerEnergy

Asian R-HDPE Film Prices Edge Higher on Trade Support, But Virgin Polymer Competition Clouds Outlook

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 […]
PolymerOil

Hengli Petrochemical Halts 5 Million mt/yr PTA Units in Huizhou After Technical Glitch; Market Eyes Supply Impact

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 […]

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