A series of production disruptions in Vietnam, South Korea, and Malaysia are expected to tighten supply toward year-end, potentially alleviating some of the downward pressure on prices.
As the world’s third-largest importer of US PE, Brazil’s move is expected to strip US and Canadian cargoes of their competitiveness in the market, potentially forcing exporters to seek alternative destinations.
The Chinese homo-PP market continued its downward spiral on 2 September 2025, extending losses for the tenth consecutive week under the weight of abundant domestic supply and subdued demand.
A second major Saudi Arabian producer has wrapped up September transactions in Vietnam, finalizing LLDPE film prices at $30/ton below its initial offers.
The Chinese PE market saw a notable improvement in trading sentiment on Tuesday, 26 August 2025, as domestic buyers showed stronger interest in replenishing cargoes
While negotiations are still unfolding, several parcels offered late last week have already been booked, signaling pockets of demand despite the challenging backdrop.
The Chinese PVC market closed the week to 22 August 2025 on a softer note, with export offers falling by $7-12/ton for carbide-based and $18-22/ton for ethylene-based cargoes.
Chinese PP exporters trimmed homo-PP offers toward the weekend, pushing prices below the $850/ton threshold for the first time, despite support from a weaker US dollar.
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