UK Opens LLDPE Anti-Dumping Probe Into US Imports
The UK has launched an LLDPE anti-dumping probe into US polyethylene imports after a complaint by Ineos, raising questions for buyers and converters.
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Indorama Ventures PET Strategy Faces Shifting Global Demand
Indorama Ventures PET operations remain central to global packaging, polyester and fiber supply chains as demand, margins and sustainability pressures reshape the petrochemical market.
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China PP Prices Fall as Cost Support Collapses in June
China PP prices fell sharply in June as lower crude oil and propylene costs, cautious demand and ample spot supply weakened the market.
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Oil Prices Under Pressure as US-Iran Tensions Keep Markets on Alert
Oil prices remain volatile as Brent trades near $72 and WTI around $69.5, with markets weighing US-Iran tensions, Hormuz risks and supply recovery.
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Oil Prices Iran War: Brent Near $74 as Hormuz Risk Eases
Oil prices have eased, with Brent near $74 and WTI near $71, as tanker traffic through the Strait of Hormuz recovers. But the US-Iran war keeps energy markets exposed to renewed volatility.
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NOVA Chemicals Acquisition Strengthens Borouge International’s Global Polyolefins Strategy
The NOVA Chemicals acquisition places Alberta’s Joffre petrochemical complex inside Borouge International’s global polyolefins platform.
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Hengli Petrochemical’s PTA Expansion Strengthens China’s Polyester Supply Chain
Hengli Petrochemical’s PTA expansion highlights how China’s integrated refiners are reshaping the polyester value chain, linking crude, aromatics, PTA, PET and fibers into a cost-driven industrial platform.
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US Polyethylene and Ethylene Exports Lose Momentum as Global Demand Cools
US polyethylene exports are retreating after a strong surge triggered by Middle East supply disruptions. As global buyers reduce purchases and prices decline, the market is entering a new phase marked by weaker demand and increased competition.
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China PA6 Market Extends Losses as Raw Material Prices Slide and Demand Remains Weak
China’s PA6 market posted one of its steepest monthly declines of 2026 in May, driven by falling benzene and caprolactam costs, weak downstream demand, and rising inventories. Market participants now expect prices to remain under pressure through June, although the pace of decline could slow.
