High-density polyethylene (HDPE) film spot prices slipped across Europe this week while contract values held steady. Oversupply and persistently weak demand weighed on sentiment as competitive imports, particularly from the United States, kept pressure on local suppliers. Buyers remained cautious, with limited restocking activity despite speculation about potential counter-tariffs on U.S. polyethylene. Low-density polyethylene (LDPE) […]
Low-density polyethylene (LDPE) prices in Europe continued to lose ground this week, with spot values sliding sharply while contract prices largely held their ground. Traders and producers across the region described a market weighed down by plentiful supply, muted downstream demand, and unrelenting competition from attractively priced imports. An industry source told that European LDPE […]
Ethylene vinyl acetate (EVA) prices in the United States fell this week, tracking the downward movement in the upstream ethylene market. Market participants noted that the decline underscores the tight cost linkage between EVA and its primary feedstock, with spot export values easing as ethylene availability increased. According to a U.S.-based distributor, demand in the […]
Toyo Engineering Corp. (TOYO), in partnership with Rönesans Endüstri Tesisleri (RET), a subsidiary of Rönesans Holding, the global contracting and investment group headquartered in Türkiye, has been awarded the first phase of a major overhaul project for a large-scale gas chemical complex owned by Turkmenhimiya (TH). TH, the state-owned enterprise overseeing the production and distribution […]
Crude oil futures began Monday’s early trading session on a firmer note, with both WTI and Brent benchmarks moving upward as market sentiment found support from supply-side concerns and steady global demand outlooks. Traders pointed to expectations of tighter balances in the months ahead as a factor lending strength to crude prices despite lingering macroeconomic […]
Ethylene markets across Europe and Asia opened the week without any notable price movement, as cautious trading and muted demand continued to shape market dynamics. Market participants in Europe highlighted subdued buying activity, with many buyers choosing to remain on the sidelines in response to ongoing uncertainties in both feedstock and downstream sectors. In the […]
Propylene markets in both Europe and Asia began the week on a stable note, with prices showing no significant changes from the previous trading session. Market participants report that steady demand across key downstream sectors is keeping values supported, even as broader energy and feedstock markets remain volatile. In Europe, spot polymer-grade propylene prices on […]
Open-spec naphtha prices in Asia began the week on a softer note. On Monday, bids for the first half of September were assessed at USD 596 per metric ton CFR Far East, while offers stood slightly higher at USD 598 per metric ton CFR Far East. This reflected a marginal decline of USD 2 per […]
Crude oil prices climbed higher in early morning trading on Monday, with both West Texas Intermediate (WTI) and Brent benchmarks posting notable gains. The movement reflects improving sentiment in the energy markets, driven by renewed optimism over global demand trends and stronger buying activity from traders anticipating tighter supply conditions heading into the final quarter […]
The European polymers market presented a mixed picture this week, with different product segments charting diverging courses as players returned cautiously after the summer lull. While some polyethylene grades experienced price gains, others came under pressure from weak demand and competitive imports, with overall trading activity remaining restrained across most markets. In the high-density polyethylene […]
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