Despite weakening energy values, ethylene prices in Asia held steady on Monday, defying expectations of a downturn. Market participants reported limited trading activity, as buyers and sellers remained on the sidelines, hesitant to commit amid falling naphtha prices and broader market uncertainty. According to an industry source who spoke to Polymerduniya on condition of anonymity, […]
In the U.S. polymer market, polymer-grade propylene (PGP) prices inched lower on Monday, reflecting a soft trading tone and lackluster demand. According to an anonymous industry source speaking to Polymerduniya, “spot PGP prices fell due to a weak trading momentum and subdued demand conditions.” PGP spot delivered prices were assessed at 32.00–32.50 cents per pound […]
Benzene prices weakened in both the United States and Asia this week, reflecting subdued demand and cautious market sentiment amid growing economic uncertainty. In the United States, downstream buyers are showing restraint. On Wednesday, benzene prices were assessed at 268.00–268.10 cents/gallon FOB US Gulf, marking a $0.01 drop (–1 cent/gallon) compared with last Friday’s levels, […]
In a move that has stirred attention within India’s polymer industry, Haldia Petrochemicals Ltd (HPL) has unveiled a short‑duration “Early Bird” discount of ₹2.50 per kilogram on polypropylene (PP) grades for domestic buyers. The offer, valid only from August 1 through August 15, 2025, is aimed at accelerating early bookings and dispatches, according to a […]
thyssenkrupp Uhde’s subsidiary Uhde Inventa-Fischer has signed a letter of intent (LOI) with the Türkiye packaging producer KÖKSAN for the delivery of two PET production plants. The first plant will be located in Gaziantep, Turkiye, and the second one – together with Al Mutahida Packaging – in Babylon, Iraq. Each production line will have a […]
A fresh import offer has surfaced in South Africa’s PVC market, with a Saudi-based producer quoting PVC suspension resin, Grade 67S, for August 2025 delivery on a CFR Durban/Cape Town basis at USD 780 per tonne, according to a Polymerduniya source in South Africa. This latest offering registers at a discount compared to earlier quotes for May […]
A Chinese producer has surfaced with a fresh offer for PVC carbide resin (SG5 grade) at USD 670 per tonne on an August 2025 CFR Chattogram basis, according to a Polymerduniya market contact in Bangladesh.. The SG5 grade, characterized by a K value of 66–68, is widely used for durable pipe and rigid vinyl products in […]
Reliance Industries Ltd (RIL) has announced a fresh price increase for bottle‑grade PET resin in the Indian domestic market. According to a domestic industry source, prices will rise by ₹3 per kilogram, effective August 1, 2025, reflecting ongoing cost pressures in feedstocks and logistics. This follows earlier partial increases by the company in May (₹1.50/kg) and […]
On Wednesday, U.S. propylene prices remained unchanged despite a muted market outlook. Polymer-grade (PGP) spot prices held at 34.50–35.00 ¢/lb FD US Gulf, while refinery-grade spot remained firm at 31.50–32.00 ¢/lb, according to an industry source who requested anonymity. Market participants attributed the flat pricing to persistent low demand from downstream polypropylene converters and abundant spot supply. […]
On Wednesday, U.S. ethylene prices retreated modestly as weaker deal levels emerged in the merchant market. The FD US Gulf spot rate was assessed at 28.00–28.50 ¢/lb, down 0.50 ¢/lb from Tuesday, according to a U.S.-based industry source. The bearish tone reflected softer buying inquiries and subdued downstream demand, as participants sought lower levels to secure volumes. […]
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