Polyethylene terephthalate (PET) prices fell across the Asian region this week, weighed down by weaker upstream costs and subdued purchasing activity. An industry source in Asia, speaking on condition of anonymity, told a team member that the OPEC+ alliance has hinted at a production hike in November, while the restart of crude exports from Iraq’s […]
This week, high-density polyethylene (HDPE) prices witnessed declines across parts of Asia, pressured by falling crude values and rising supply. An industry source in Asia, speaking on condition of anonymity, told a team member that the OPEC+ alliance has indicated plans for a production hike in November. The resumption of crude exports from Iraq’s Kurdish […]
Ethylene prices in the United States began the week unchanged, reflecting a market caught between steady fundamentals and reports of operational hiccups. According to a source, a handful of cracker issues have emerged, though these disruptions have not yet been significant enough to alter the broader pricing picture. On Monday, spot ethylene in the US […]
Propylene prices edged lower across Asia on Monday, weighed down by weak sentiment and subdued buying activity. Market sources told that demand remained tepid, prompting sellers to trim offers in order to stimulate interest. FOB Korea propylene was assessed at USD 745–755 per metric ton, slipping by USD 5 from Friday’s levels. CFR China markers […]
Propylene contract prices in the United States have settled for September 2025, with no change from the previous month. According to a local industry source, polymer grade propylene was agreed at 35.50 cents per pound, while chemical grade settled at 34.00 cents per pound. Both values represent a rollover from August levels. The outcome reflects […]
The second half of 2025 could mark a turning point for Europe’s pyrolysis oil market, as regulatory clarity begins to emerge following years of hesitation. In early July, the European Commission set out its approach to mass-balance accounting, opting for a fuel-exempt model. A consultation on the proposals concluded in mid-August, and the Commission is […]
Refinery grade propylene prices in the United States weakened at the start of the week, pressured by sluggish demand and comfortable supply. An industry source told that sentiment remained largely bearish, with buyers showing little urgency to secure volumes amid ample availability. On Monday, spot delivered refinery grade propylene in the US Gulf was assessed […]
Oil benchmarks edged lower on Tuesday, with both Brent and WTI crude futures closing in the red. Brent crude for December 2025 delivery settled at USD 66.32 per barrel, after trading between a high of USD 66.83 and a low of USD 66.10. The contract slipped by 77 cents on the day, marking a 1.15% […]
The European ethylene contract price for October 2025 has been finalized, with no change from the previous month. A market source told that the settlement was agreed at €1130 per metric ton FD North West Europe, mirroring September’s level. The rollover comes as little surprise to industry players who had anticipated stability amid balanced fundamentals. […]
Propylene markets in Europe opened the week flat, with prices left unchanged on Monday. According to an industry source who spoke on condition of anonymity, the numbers held steady but the mood was subdued. Weak buying interest and sluggish demand fundamentals continued to weigh on downstream sectors across the region, leaving buyers hesitant to commit. […]
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