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Bearish sentiments back lower Asian ethylene prices
12 Jul '17
1 min read
Ethylene prices inched lower in Asia in the last week due to bearish buying sentiments in the region.
In Korea, average prices moved down by US$ 20/ton and quoted at US$ 885/ton in the last week, as compared to previous week, a reduction of 2.21 per cent.
In Japan, average prices plunged by US$ 20/ton and assessed at US$ 880/ton in the last week, a drop of 2.22 per cent compared to previous week.
In SE Asia, average prices marched lower by US$ 20/ton and quoted at US$ 850/ton in the last week, a decrease of 2.30 per cent over the price prevailing at the end of the previous week.
In NE Asia, average prices reduced by US$ 20/ton and assessed at US$ 930/ton in the last week, registering a declination of 2.11 per cent from the previous week.
Fibre2Fashion News Desk – India
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