Industry News
Chemical Industry News
Europe DEG spot prices hold steady,TEG values fall on weak demand
LONDON (ICIS)--Prices in the European diethylene glycol (DEG) spot market were assessed as unchanged while triethylene glycol (TEG) values were assessed down in the week ending 6 February as supply...
Europe MPGI spot prices rise in the first week of February
LONDON (ICIS)--European monopropylene glycol industrial (MPGI) spot prices firmed at both ends of the range in the week ending 6 February. MPGI-related requirements from de-icing were highlighted to...
Von der Leyen confirms EU plans to sanction Russian LNG transshipment services
European Commission president confirms ban on LNG services under 20th sanctions package against Russia Package, currently in negotiation, aims to cover area not addressed in Russian gas phaseout law...
European mixed xylenes market stable
LONDON (ICIS)--The European mixed xylenes (MX) spot premium range over Eurobob gasoline was unchanged in the week ending 6 February. The spot premium range currently sits at $110-120/tonne. Mon Tue...
Brazil’s urea imports decline in January as suppliers divert cargoes to US
LONDON (ICIS)--Brazil’s urea imports declined 38% in January to 445,005 tonnes compared to 718,500 tonnes in January 2025, according to customs data, as sellers separately diverted cargoes to...
European PVC discussions for February center on increases, reflecting feedstock moves
LONDON (ICIS)--European polyvinyl chloride (PVC) monthly contract negotiations were ongoing in the week ending 6 February, with discussions centered on price increases. Producers and buyers are...
Europe toluene spot price retreats
LONDON (ICIS)--The spot premium range for European toluene over Eurobob gasoline shrank in the week ending 6 February. The upper end of the range fell from $140/tonne to $135/tonne by Friday. Market...
Europe BPA spot import supply to remain low, in line with weak demand
LONDON (ICIS)--Supply risk is low in the Europe bisphenol A (BPA) market in the near term, despite little-to-no spot import availability from South Korea, and a limited European supply base, as...
European caustic soda Q1 discussions center on rollovers, decreases
LONDON (ICIS)--European caustic soda contract negotiations have centered on rollovers or decreases for the first quarter of 2026, on the back of weak demand. Expectations were tempered by uncertainty...
Mexico PET producers seek antidumping probe on Vietnam, Malaysia
SAO PAULO (ICIS)--Mexican polyethylene terephthalate (PET) producers are requesting the launch of an antidumping investigation into rising imports from Vietnam and Malaysia. Bottle‑grade PET...
‘Almost impossible to destroy’: material captures CO2 and frees it at the flick of a photoswitch
New class of porous materials can trap gases and release them on command
Why polycarbonate prices in Europe might rise in 2026
LONDON (ICIS)--Indications of price rises for domestic and imported polycarbonate (PC) in Europe have been heard in 2026. Higher feedstock costs, freight rates and pressure for margins are causing...
UK government sets out plan to tackle PFAS threat
Report accepts that regulation is needed, but warns transition away from PFAS will take time
UK chems firms braced for tough year as closure fears persist
LONDON (ICIS)--The bulk of the UK chemicals sector is bracing for another difficult year as energy pricing and competitive challenges continue to bite, with growing odds of additional closures, the...
TTF price plunges Monday morning, prompt risk premium unwinds
Traders point to bearish weather forecast, funds reducing length Brent crude down marginally de-emphasising geopolitical drivers SSW risk reduced from 30 to 15% by MetDesk over weekend Addition...
OUTLOOK: Traders expect higher Balkan precipitation to pressure Hungarian March ’26 contract
High Balkan precipitation, slightly above-average Romanian hydro storage weighs on Hungarian front-month Cold snap potential, lower winds remain a risk Growing Ukrainian power demand could add...
Mexico rPET flake margins turn negative amid oversupply
SÃO PAULO (ICIS)--Oversupply in the Mexican recycled polyethylene terephthalate (rPET) market has pushed flake margins into negative territory following the recent rise in feedstock costs, with no...
European caustic soda spot prices stable-to-firm as shipping costs rise
LONDON (ICIS)--European caustic soda spot prices were stable-to-firm in the week ending 6 February, as higher shipping costs increased some FOB (free on board) prices in northwest Europe (NWE)....
Europe VAM spot prices firm as supply length eases
LONDON (ICIS)--European vinyl acetate monomer (VAM) spot pricing has firmed on reduced availability, though supply remains ample to cover generally muted demand. Spot pricing for parcels up to 1,000...
Europe MEG spot prices stable to slightly soft as supply lengthens
LONDON (ICIS)--Prices in the European monoethylene glycol (MEG) spot market were assessed stable or slightly soft in the week ending 6 February as supply is lengthening while demand remains...