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Asian ethylene trends witness mixed reactions on Nov 24
25 Nov '14
1 min read
Ethylene prices went up in parts of Asia on Monday (Nov 24) mainly due to higher upstream energy prices, while they stayed stable in other markets.
In S E Asia and India, prices were quoted at US$ 1215/ton on Monday, higher by US$ 5/ton as compared to the last week’s closing levels.
In N E Asia, prices were assessed at US$ 1175/ton, up US$ 5/ton as against prices at the end of last week.
However, in Korea and Japan, ethylene prices remained stable at US$ 1130/ton on Nov 24.
In S E Asia and India, prices were quoted at US$ 1215/ton on Monday, higher by US$ 5/ton as compared to the last week’s closing levels.
In N E Asia, prices were assessed at US$ 1175/ton, up US$ 5/ton as against prices at the end of last week.
However, in Korea and Japan, ethylene prices remained stable at US$ 1130/ton on Nov 24.
Fibre2fashion News Desk - India
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