On Tuesday, ethylene prices in the United States experienced a mild decline amid subdued market activity and softer deal levels. Spot ethylene delivered to the U.S. Gulf was assessed at 24.00–24.50¢/lb, marking a drop of 0.50¢/lb from Monday’s range. An industry insider observed that “ethylene prices were assessed down in the week amid deals concluded […]
On Tuesday, open-spec naphtha bids for the second half of August gained traction in the Asian market. Bid levels were pegged at USD 571/mt CFR Far East, with ask prices reaching USD 573/mt, both marked USD 3/mt higher than Monday’s assessments. According to a regional market source, maintenance activities across Asia are reshaping demand patterns. […]
As of August 13, the Dalian Commodity Exchange witnessed downward shifts across key polymer futures, signaling a broad-based cooling in domestic petrochemical sentiment. The LLDPE (2509 contract) declined 0.20%, or RMB 15 per ton, closing at RMB 7,313 (USD 846) after trading between RMB 7,305 and RMB 7,338. Polypropylene (PP 2509) saw a slightly steeper […]
Fuhaichuang Petroleum and Petrochemical is poised to resume production at its Orthoxylene (OX) plant in Gulei, after a maintenance-related shutdown. A Polymerduniya source in China confirmed that the facility, offline since late June, is scheduled to restart operations by the end of August 2025. The Gulei-based OX plant holds an annual production capacity of 240,000 […]
On Tuesday, European ethylene prices climbed, reflecting a market buoyed by strong regional demand and constrained supply. CIF North-West Europe (NWE) prices rose to USD 870–880/mt, up USD 5/mt from Monday’s assessment. An industry insider pointed to “robust regional buying interest and limited product availability” as the primary drivers supporting prices. In contrast, FD NWE […]
Formosa Plastics Corporation (FPC) is preparing for a scheduled shutdown of its Polyvinyl Chloride (PVC) production unit at Mai Liao, Taiwan, in mid-August 2025, according to updated information obtained by Polymerduniya. A source in Taiwan confirmed that the facility will go offline around August 15 and is expected to remain shut until approximately August 21, […]
On Monday, U.S. ethylene prices slipped, highlighting a tepid market environment. Spot prices for delivery to the U.S. Gulf were assessed at 24.50–25.00¢/lb, down by 0.50¢/lb from Friday’s levels, as deals closed at softer price points. This decline reflects subdued trading sentiment amid cautious purchasing behavior. Across the Pacific, Asian markets saw a contrasting trend. […]
PetroChina Guangdong Petrochemical is scheduled to take its Styrene Monomer (SM) unit offline for maintenance beginning on September 5, 2025, an industry source in China confirmed to Polymerduniya. The planned shutdown is set to impact production, although no specific timeline for the duration of the maintenance has been disclosed. Located in Guangdong, the SM unit […]
As of August 11, 2025, domestic polyethylene terephthalate (PET) prices in China remained unchanged, according to an update from leading manufacturers, including Jiangsu Sanfangxiang, Zhejiang Wankai, Zhuhai China Resources, and Xiamen Tenglong. None of these industry players altered their price offerings as of the latest assessment. The market stability underscores a balanced stance between supply […]
China’s mono-ethylene glycol (MEG) market experienced a slight uptick on August 11, with CFR China prices rising from USD 520–525/mt on August 8 to USD 525–530/mt, according to Polymerduniya’s latest assessment. The upward move, though modest, suggests improving sentiment in Asia’s downstream sectors, possibly driven by cautious restocking and a firmer outlook in global commodity […]
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