PVC prices in the Gulf Cooperation Council (GCC) region remained unchanged this week, with Suspension grade resin assessed at USD 680–710/mt CFR GCC, holding firm on a week-on-week basis. Industry sources report that purchasing interest remains healthy as market players anticipate a seasonal uptick in demand after the summer, supported by expected growth in construction […]
Crude oil prices managed a modest rebound on Friday, clawing back part of the previous day’s sharp losses as renewed fears over Russian supply disruptions met headwinds from rising global output and tepid demand in the United States. Benchmark Brent crude futures for near-month delivery on the Intercontinental Exchange settled up 0.93 percent, or 62 […]
Pakistan’s chemical market is witnessing fresh activity as a Dubai-based trader has reportedly extended new offers for September 2025 shipment of key solvents. According to industry sources, the trader is said to be offering N-Propanol (pure grade, South Africa origin) at around USD 1,100 per metric ton, while N-Propanil (technical grade) is being pitched at […]
A market source in Indonesia reports that a leading polymer producer from the United Arab Emirates has unveiled a fresh offer for polypropylene (PP) block copolymer at USD 890 per metric ton, drawing attention across the regional plastics market. According to the source, the cargo is scheduled for September 2025 shipment and will be supplied […]
Market sources in East Africa have reported that a prominent Saudi Arabian producer has issued a new price offer for its HDPE Film (GF1442) grade. The offer has been heard at USD 1210 per metric ton, with shipment scheduled for September 2025. The material is being quoted on a CFR basis at Maputo port, Mozambique, […]
Market sources in East Africa have reported that a leading Saudi Arabian producer has announced its latest pricing for LDPE Extrusion Coating (7019EC) grade. The fresh offer has been heard at the USD 1470 per metric ton mark, with shipments scheduled for September 2025. The cargo is being quoted on a CFR basis at Maputo […]
Saudi Aramco is advancing a sweeping investment program worth approximately $90 billion, launching nearly 100 mega-projects that span oil, gas, petrochemicals, low-carbon energy, and digital innovation. According to CEO Amin Nasser, this massive pipeline is currently under implementation and reflects the company’s long-term strategic push to diversify its operations and secure the Kingdom’s energy future. […]
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 […]
Polyethylene terephthalate (PET) bottle grade prices in the Gulf Cooperation Council (GCC) region registered a decline this week, reflecting the combined pressure of subdued demand and reduced import offers from overseas suppliers. Market participants reported that muted buying activity across the region has coincided with softer import levels, creating conditions that have eroded market strength […]
PVC prices in the Gulf Cooperation Council (GCC) region witnessed a decline this week, as market dynamics continue to be shaped by a mix of seasonal demand shifts, trade policy developments, and persistent buyer caution. Industry sources in the region highlighted that while there is a sense of cautious optimism tied to seasonal demand patterns, […]
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