Ethylene prices in Europe opened the week on a firmer note, with CIF Northwest Europe (NWE) values assessed on Monday at USD 745–755 per metric ton, reflecting a modest gain of USD 5 from Friday’s closing range. Market participants said sellers moved to lift their offers in an effort to recover thinning margins, a sign […]
Oil futures in early trade showed slight declines, reflecting a tug-of-war between stable demand signals and growing concerns over excess supply. West Texas Intermediate for October delivery slipped to USD 62.65 a barrel, barely down, and Brent for November edged lower to USD 66.56 a barrel. Analysts suggest that while supply remains plentiful, particularly with […]
Polypropylene prices fell across the Gulf Cooperation Council this week, pressured by lower import offers and shifting global feedstock trends that kept the market on edge. A regional industry source told that overseas suppliers cut prices aggressively, undercutting confidence and adding to the downward pull from soft supply-demand dynamics, raw-material cost changes, and lingering logistics […]
In a move welcomed by U.S. exporters and trade observers, Türkiye has lifted extra financial obligations that had applied to certain imports from the United States, including polyvinyl chloride (PVC) and other goods. These measures, first introduced in 2018 during a period of economic tension, are being rescinded as Ankara seeks to reset trade relations […]
In Europe this week polymer markets are showing clear signs of strain as abundant supplies and soft buying match up with lacklustre demand. HDPE feels the sharpest pressure, but LDPE and LLDPE are not far behind. Across both spot and contract trades, prices are inching downward, while buyers and converters are keeping tight reins on […]
Crude oil prices dropped for the third straight day on Friday, weighed down by growing worries over excess supply and tepid demand forecasts. Despite the U.S. Federal Reserve’s recent 25-basis-point rate cut intended to spur economic activity, the markets remain nervous. Additional output from OPEC+ and a global supply glut have offset hopes of stronger […]
High-density polyethylene (HDPE) prices across Europe continued their steady retreat this week, weighed down by an unrelenting glut of material and buyers who remain firmly on the sidelines. September has delivered little in the way of relief for producers or distributors, as both spot and contract markets confront swelling inventories and lackluster downstream demand. Market […]
Oil prices slipped early Wednesday as traders weighed signs of uneven global demand and ongoing concerns about economic growth. Both major benchmarks, West Texas Intermediate (WTI) and Brent, registered modest declines in early morning trading, reflecting a market that remains sensitive to shifts in sentiment and macroeconomic signals. WTI crude for October 2025 delivery traded […]
Propylene prices remained unchanged across Europe on Wednesday, as sluggish buying activity and fragile downstream demand continued to weigh on market sentiment. Industry participants reported that despite stable assessments, overall mood in the market stayed cautious, reflecting persistent uncertainty in the broader economic environment. An industry source in Europe, who requested anonymity, told a team […]
European ethylene prices offered a blend of upward and downward cues on Tuesday, reflecting the tug-of-war between limited demand and early restocking activity. Assessments for CIF Northwest Europe (NWE) moved slightly higher to USD 745-755 per metric ton, a modest day-on-day uptick of USD 5/mt. However, some market participants highlighted a softer undertone despite this […]
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