On Wednesday, propylene prices in Europe moved lower as weak regional demand and sufficient availability weighed on sentiment. An industry source in Europe told a Polymerduniya team member that the market remained under pressure, with limited buying interest and ample supply driving prices down. CIF NWE propylene was assessed at Euro 735–745/mt, marking a decline […]
This week, ethylene vinyl acetate (EVA) prices in Europe continued their downward trajectory, pressured by weak demand and seasonal factors. An industry source in Europe told a Polymerduniya team member that prices for all EVA grades fell through the month as the end of the agricultural film season dampened activity and the summer slowdown further […]
On Wednesday, European ethylene prices remained stable even as upstream energy costs moved higher, reflecting steady buying interest across regional markets. An industry source in Europe, speaking on condition of anonymity, told a Polymerduniya team member that prices held constant largely due to sustained purchasing activity. Ethylene prices in Europe were assessed at USD 845–855/mt […]
In a groundbreaking move for the plastics industry, Lummus Technology announced that Vioneo has selected its Novolen® polypropylene (PP) technology for a new plant in Antwerp, Belgium. This facility will form the centerpiece of Vioneo’s pioneering complex, which is set to become the world’s first industrial-scale producer of fossil-free plastics made entirely from green methanol. […]
Ethylene prices held firm across Europe and Asia on Tuesday, with markets showing little activity amid a backdrop of economic uncertainty and cautious buying sentiment. In Europe, ethylene prices were stable at USD 845–855/mt CIF North-West Europe (NWE) and €750–760/mt FD NWE, mirroring Monday’s levels. An industry source in Europe noted that while supply remained […]
Even as upstream crude prices remain weak, propylene in Europe stood its ground on Tuesday, with prices holding steady thanks to a mix of cautious production cuts and hesitant buying amid tepid demand. An industry source in Europe, speaking on condition of anonymity, told the Polymerduniya team that producers have pulled back output to preserve […]
Grupa Azoty Polyolefins has officially withdrawn from its turnkey contract with Hyundai Engineering for the Polimery Police Project, citing repeated delays and unfulfilled obligations. The decision, delivered on August 14, 2025, comes after milestone acceptance deadlines were missed, test runs were not completed on time, and counterclaims between the two sides remained unresolved. In tandem […]
Xeneta warns that spot container rates are poised to slide further in the coming weeks as offered capacity continues to outpace demand across several major trade routes. According to Chief Analyst Peter Sand, the latest 90-day extension of U.S.–China tariff levels into early November isn’t likely to spark another surge in cargo shipments. Shippers largely […]
A Polymerduniya source in Turkey indicates that an Iranian-based trader has announced an offer for HDPE Pipe (PE100 Natural) grade originating from Iran, priced at USD 955/mt. The shipment is quoted on an FCA Sahlan basis, with delivery scheduled for August 2025.
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. […]
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