This week, Polyethylene Terephthalate (PET) prices across Asia largely held steady, with no significant movement reported in key regional benchmarks. FOB North East Asia bottle-grade PET was assessed at USD 780–800/mt, remaining unchanged compared to the prior week. A cautious Asia-wide sentiment was underpinned by lingering demand weakness and softer crude and feedstock markets. An […]
Fuhaichuang Petroleum & Petrochemical is on track to resume operations at its Orthoxylene (OX) plant in Gulei by late August 2025, according to a Polymerduniya source. The plant, which has been offline since late June for maintenance, features an annual production capacity of approximately 240,000 mt. Meanwhile, at Zhejiang Petrochemical, the No. 1 polypropylene (PP) […]
On Tuesday, ethylene prices in the United States experienced a mild decline amid subdued market activity and softer deal levels. Spot ethylene delivered to the U.S. Gulf was assessed at 24.00–24.50¢/lb, marking a drop of 0.50¢/lb from Monday’s range. An industry insider observed that “ethylene prices were assessed down in the week amid deals concluded […]
On Tuesday, open-spec naphtha bids for the second half of August gained traction in the Asian market. Bid levels were pegged at USD 571/mt CFR Far East, with ask prices reaching USD 573/mt, both marked USD 3/mt higher than Monday’s assessments. According to a regional market source, maintenance activities across Asia are reshaping demand patterns. […]
As of August 13, the Dalian Commodity Exchange witnessed downward shifts across key polymer futures, signaling a broad-based cooling in domestic petrochemical sentiment. The LLDPE (2509 contract) declined 0.20%, or RMB 15 per ton, closing at RMB 7,313 (USD 846) after trading between RMB 7,305 and RMB 7,338. Polypropylene (PP 2509) saw a slightly steeper […]
Fuhaichuang Petroleum and Petrochemical is poised to resume production at its Orthoxylene (OX) plant in Gulei, after a maintenance-related shutdown. A Polymerduniya source in China confirmed that the facility, offline since late June, is scheduled to restart operations by the end of August 2025. The Gulei-based OX plant holds an annual production capacity of 240,000 […]
On Tuesday, European ethylene prices climbed, reflecting a market buoyed by strong regional demand and constrained supply. CIF North-West Europe (NWE) prices rose to USD 870–880/mt, up USD 5/mt from Monday’s assessment. An industry insider pointed to “robust regional buying interest and limited product availability” as the primary drivers supporting prices. In contrast, FD NWE […]
Formosa Plastics Corporation (FPC) is preparing for a scheduled shutdown of its Polyvinyl Chloride (PVC) production unit at Mai Liao, Taiwan, in mid-August 2025, according to updated information obtained by Polymerduniya. A source in Taiwan confirmed that the facility will go offline around August 15 and is expected to remain shut until approximately August 21, […]
As of August 11, 2025, U.S. polyethylene markets showed remarkable resilience, with no significant price fluctuations across HDPE, LDPE, and LLDPE. Polymerduniya reports that High-Density Polyethylene (HDPE) for blow moulding delivered on a FAS Houston basis remained firmly within the USD 830–850/mt range. At the same time, Low-Density Polyethylene (LDPE) was assessed between USD 985 […]
On Monday, U.S. ethylene prices slipped, highlighting a tepid market environment. Spot prices for delivery to the U.S. Gulf were assessed at 24.50–25.00¢/lb, down by 0.50¢/lb from Friday’s levels, as deals closed at softer price points. This decline reflects subdued trading sentiment amid cautious purchasing behavior. Across the Pacific, Asian markets saw a contrasting trend. […]
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