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Asian ethylene prices drop on poor downstream demand

23 May '16
2 min read

Ethylene prices decreased in Asia in the last week due to poor downstream product demand in the region.

 

In Korean market, average prices went down by US$ 5/ton and quoted at US$ 1160/ton in the last week, a decrease of 0.43 per cent from the previous week.

 

In Japan, average prices declined by US$ 5/ton to US$ 1155/ton in the last week, a decrease of 0.43 per cent over the previous week.

 

In SE Asia, average prices went down by US$ 5/ton and quoted at US$ 1145/ton in the last week, a decrease of 0.43 per cent compared to previous week.

 

In NE Asia, average prices went down by US$ 10/ton and quoted at US$ 1175/ton in the last week, a decrease of 0.84 per cent compared to previous week.

 

In India, average prices declined by US$ 5/ton to US$ 1145/ton in the last week, a decrease of 0.43 per cent over the previous week.

Fibre2fashion News Desk - India

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