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Ethylene falls in Europe & stays steady in US last week

05 Jan '16
1 min read

Ethylene prices fell in Europe in the last week ended Jan 1 due to bearish product demand in the region. However, due to firm energy prices in the market, average prices remained steady in the US.

In Europe, average prices went down by US$ 10/ton or 1.12 per cent and were quoted at US$ 885/ton in the last week, as compared to its previous week.

In US, average prices were stable and were assessed at 20 cents/pound in the last week as against its prior week.

Fibre2Fashion News Desk – India

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