Asian ethylene prices up due to limited availability

08 Aug 17 1 min read

Ethylene prices marched higher in Asia in the last week due to constrained product availability in the region.
 
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In Korea, average prices improved by US$ 40/ton and quoted at US$ 975/ton in the last week, as compared to previous week, a hike of 4.28 per cent.
 
In Japan, average prices soared by US$ 40/ton and assessed at US$ 970/ton in the last week, a rise of 4.30 per cent compared to previous week.
 
In SE Asia, average prices moved up by US$ 85/ton and quoted at US$ 980/ton in the last week, a jump of 9.50 per cent over the price prevailing at the end of the previous week.
 
In NE Asia, average prices stepped up by US$ 65/ton and assessed at US$ 1055/ton in the last week, registering a climb of 6.57 per cent from the previous week.

Fibre2Fashion News Desk – India

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