Chemical Updates

Asian Polyethylene: Market quiet amid upstream volatility / Participants cautious amid upstream price hikes / Fresh offers expected by July end

Jul 25, 2026

The Asian polyethylene market was quiet in the week to July 22, as upstream volatility kept participants cautious. Rising crude oil and naphtha prices drove key feedstock ethylene prices higher, keeping buyers and sellers on the sidelines. Offers in the CFR Far East Asia, Southeast Asia and Vietnam markets saw an increase across several PE grades week over week, but few deals were done, given a general lack of buying confidence due to a lack of near-term clarity. Market participants also observed fewer offers available during the week, with some saying regional producers would likely announce fresh offers only late in the week or the following week, given current uncertainty around feedstock costs. In the China domestic markets, prices for LLDPE and LDPE fell week over week, with some traders...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.