During the said quarter, the global homopolymer markets were under pressure. The demand was sluggish especially in sectors like packaging, automotive, and consumer goods. Many buyers restrained orders due to uncertainty over feedstock costs and weak downstream activity. In Asia and the Middle East, producers continued to benefit from lower feedstock costs and strong export competitiveness, putting downward pressure on prices in many importing regions.
In regions highly dependent on imports, increased import volumes from low cost producers in the Middle East and Asia amplified competition. This import pressure limited local producers’ ability to lift prices. Meanwhile, in domestic markets in Asia prices were more stable or mildly soft, supported by strong local consumption and less exposure to long haul import competition.
Throughout the summer months, spot trading was muted globally partially due to seasonality and slowing industrial activity. In many markets, spot offers showed small declines. Contract or long term supply agreements generally held steady or eased modestly, reflecting weak buying sentiment. Any upward tick in spot offers late in the quarter was mainly due to anticipated restocking.
Overall, Q3’25 saw a gentle sliding of homopolymer prices at the global level, with downward pressure more evident in import exposed markets than in self consuming ones.