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Improved energy rate pushes Ethylene prices higher in Asia
12 Dec '16
1 min read
Ethylene prices went up in Asia in the last week due to improved upstream energy rates in the region.
In Korean market, average prices boosted by US$ 40/ton and quoted at US$ 1050/ton in the last week, a hike of 3.96 per cent from the previous week.
In Japan, average prices inched higher by US$ 40/ton and assessed at US$ 1045/ton in the last week, an increase 3.98 per cent over the previous week.
In SE Asia, average prices went up by US$ 25/ton and quoted at US$ 940/ton in the last week, as compared to previous week, an increment of 2.73 per cent.
In NE Asia, average prices enhanced by US$ 45/ton and quoted at US$ 1090/ton in the last week, a rise of 4.31 per cent compared to previous week.
Fibre2Fashion News Desk – India
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