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Asian ethylene prices surge due to optimistic fundamentals

25 Apr '17
1 min read

Ethylene prices increased in Asia in the last week due to optimistic market fundamentals in the region.
 
In Korea, average prices enhanced by US$ 10/ton and quoted at US$ 1140/ton in the last week, as compared to previous week, a hike of 0.88 per cent.
 
In Japan, average prices stepped up by US$ 10/ton and assessed at US$ 1135/ton in the last week, a jump of 0.89 per cent compared to previous week.
 
In SE Asia, average prices soared by US$ 20/ton and quoted at US$ 1065/ton in the last week, an increment of 1.91 per cent over the price prevailing at the end of the previous week.
 
In NE Asia, average prices improved by US$ 25/ton and assessed at US$ 1195/ton in the last week, registering a rise of 2.14 per cent from the previous week.

Fibre2Fashion News Desk – India

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