The Week in Chemistry: US PE prices for week of Feb. 7 up US$0.01/lb, prime PP offers surpass US$1.00/lb; Asia naphtha hits US$875/tonne Feb. 14, mono polysilicon heard at 242 renminbi/kg

Sample article from our Chemicals Industry

LOS ANGELES , February 18, 2022 () –

US Resins

Global and US PE floor prices increased slightly during the week of Feb. 7, with prices at the PlasticsExchange up by US$0.01/lb.

Trading activity in HDPE blow mold was lackluster. Meanwhile, LLDPE film grades appeared to sell as soon as it became available.

PP trading activity was stronger, though prime material again became more scarce. Some prime PP offers escalated further above $1.00/lb, trailing rising polymer-grade propylene costs.

The primary source of this information is Plastics Today.

Asia Polysilicon

Polysilicon prices for the week of Feb. 14 were quoted at about 242 renminbi/kg for mono polysilicon. 

Markets expect domestic supply of polysilicon to increase in March, as all major manufacturers have reportedly resumed production. However, prices are expected to continue rising amid imbalance in supply and demand dynamics.

Polysilicon wafer continues to experience robust demand from overseas. Manufacturers are keeping their operating rates elevated, many with plans in place to increase capacity.

The primary source of this information is Energy Trend.

Asia Light Ends: Naphtha, LPG

The physical C+F Japan naphtha market increased by US$40/tonne to $875/tonne at mid-morning on Feb. 14, trailing a rally in crude prices.

Liquid Petroleum Gas (LPG), an alternative feedstock, also increased as of Feb. 14, reaching $793/tonne compared to $774/tonne on Feb. 11.

The primary source of this information is S&P Global Platts.



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