The European polyethylene terephthalate (PET) market faced renewed downward pressure this week, as spot prices weakened while contract prices held steady. Market participants reported that a combination of elevated stock levels, sluggish post-summer demand, and competitively priced imports weighed on sentiment, leaving sellers with little room to push through additional volumes. An industry source in […]
Global crude oil benchmarks traded slightly weaker in early Wednesday activity, reflecting a cautious tone across energy markets as traders assessed demand fundamentals against persistent oversupply concerns. West Texas Intermediate (WTI) crude for October 2025 delivery slipped 0.19 percent, or 12 cents, to settle at USD 63.36 per barrel as of 6:00 a.m. EDT. Brent […]
The European polyvinyl chloride (PVC) market remained largely unchanged this week as buyers and sellers focused on September contract discussions, while spot demand showed little sign of meaningful recovery following the summer break. Despite the return of consumers to the market, activity stayed subdued, and prices rolled over in most segments. An industry source in […]
Global specialty chemicals producer Nouryon has initiated a planned maintenance shutdown at its ethanolamines unit in Stenungsund, Sweden, adding to the list of scheduled outages across Europe’s intermediates sector. According to a source, the company commenced the turnaround on September 2, 2025, and the facility is expected to remain offline for roughly one month. While […]
Ethylene prices in Europe moved higher midweek, supported by stronger regional demand that gave a lift to sentiment after a period of subdued trading. Market participants reported that improved buying interest from downstream sectors, coupled with firmer negotiations among traders and converters, helped push prices higher in the spot market. An industry source in Europe […]
Ethylene vinyl acetate (EVA) prices in Europe moved lower this week, weighed down by persistent oversupply, sluggish downstream demand, and subdued trading activity. The market tone remained distinctly pessimistic, with participants signaling little expectation of improvement in the near term. An industry source in Europe told Polymerupdate, “Demand for spot European EVA grades continued to […]
Propylene markets in Europe came under fresh downward pressure midweek, with prices slipping as buyers stayed on the sidelines and supply remained abundant across the region. An industry source in Europe told that “the price drop was driven by weak buying sentiment and ample product supply in the region.” Market participants noted that sluggish demand […]
Crude oil prices slipped in early Tuesday trading, reversing recent stability as concerns over demand outlook and persistent supply pressures weighed on market sentiment. West Texas Intermediate (WTI) crude for October 2025 delivery declined by $0.82, or 1.28 percent, to settle at $63.15 per barrel as of 3:09 a.m. EDT. Brent crude for November 2025 […]
The European cyclohexane (CX) market has seen a significant downward correction as the contract price for September 2025 settled considerably lower compared to the previous month. According to a source in Europe, the contract price for cyclohexane was agreed at €793 per metric ton on a CIF Northwest Europe basis. This marks a steep decline […]
Activity in Europe’s recycled polypropylene (R-PP) market picked up this week with new offers surfacing from the UK. According to a source, a UK-based producer is heard to have offered its R-PP homopolymer P512 grade, described as medium melt, black colour with an MFI of 10, at GBP 575 per metric ton. The material is […]
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