India’s ONGC Petro additions Limited (OPaL) has unveiled an Early Bird Discount scheme offering a discount of ₹2.50 per kilogram on polypropylene (PP) grades purchased between August 1 and 15, 2025, according to an industry source who spoke with Polymerduniya. The promotional initiative is targeted at the domestic market and serves as a strategic incentive […]
On Tuesday, ethylene prices in the U.S. Gulf Coast gained 0.50 cents/lb, climbing to 26.50–27.00 cents/lb FD US Gulf, driven by a surge in trade activity and stronger market discussions. An industry insider told Polymerduniya that the upturn was triggered by reports of concluded trades at higher levels, underscoring increased buyer engagement. Meanwhile, Northeast Asian markets […]
Chengdu Yulong Chemical has taken its melamine plant in Chengdu, Sichuan, offline as of August 4, 2025, the company confirmed, cessation follows the initiation of maintenance activities at the facility. Further details on the expected duration of the outage remain undisclosed, according to a Polymerduniya-based industry source.. The Sichuan-based plant, designed with an annual production capacity […]
The United States is on the verge of finalizing an extension to its tariff truce with China, President Donald Trump has indicated, as talks advance toward securing a new agreement before the current arrangement expires on August 12, 2025. The truce, originally established in mid-May and solidified through preliminary agreements in May and June, halted […]
Despite weakening energy values, ethylene prices in Asia held steady on Monday, defying expectations of a downturn. Market participants reported limited trading activity, as buyers and sellers remained on the sidelines, hesitant to commit amid falling naphtha prices and broader market uncertainty. According to an industry source who spoke to Polymerduniya on condition of anonymity, […]
Benzene prices weakened in both the United States and Asia this week, reflecting subdued demand and cautious market sentiment amid growing economic uncertainty. In the United States, downstream buyers are showing restraint. On Wednesday, benzene prices were assessed at 268.00–268.10 cents/gallon FOB US Gulf, marking a $0.01 drop (–1 cent/gallon) compared with last Friday’s levels, […]
In a move that has stirred attention within India’s polymer industry, Haldia Petrochemicals Ltd (HPL) has unveiled a short‑duration “Early Bird” discount of ₹2.50 per kilogram on polypropylene (PP) grades for domestic buyers. The offer, valid only from August 1 through August 15, 2025, is aimed at accelerating early bookings and dispatches, according to a […]
A Chinese producer has surfaced with a fresh offer for PVC carbide resin (SG5 grade) at USD 670 per tonne on an August 2025 CFR Chattogram basis, according to a Polymerduniya market contact in Bangladesh.. The SG5 grade, characterized by a K value of 66–68, is widely used for durable pipe and rigid vinyl products in […]
Reliance Industries Ltd (RIL) has announced a fresh price increase for bottle‑grade PET resin in the Indian domestic market. According to a domestic industry source, prices will rise by ₹3 per kilogram, effective August 1, 2025, reflecting ongoing cost pressures in feedstocks and logistics. This follows earlier partial increases by the company in May (₹1.50/kg) and […]
A Polymerduniya source in Bangladesh reports that a Chinese producer has offered both polypropylene yarn and injection-grade resin for delivery to Chattogram (Chittagong) port in August 2025, priced between USD 920–930 per tonne CFR. This price point appears competitive compared to prior June offers when Chinese injection grade was assessed around USD 950/mt CFR, and raffia levels […]
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