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Ethylene prices down in Asia, up in Europe last week

16 Jun '14
1 min read

Ethylene prices went down in Asia last Friday due to weak demand for downstream products coupled with ample availability and sluggish downstream demand in the region.

In F E Asia, prices were assessed in the range of US$ 1365-1370/ton on Friday, down by US$ 5/ton as compared to US$ 1370-1375/ton in the beginning of the week.

In S E Asia, prices were quoted at US$ 1415/ton on Friday, lower by US$ 15/ton as compared to US$ 1430/ton on Monday 9th June, 2014.

However, prices remained steady on Saturday.

In the European domestic market, prices went up to € 1015/ton on Friday, higher by 4.64% as compared to € 970/ton on Monday 9th June, 2014.

Fibre2fashion News Desk - India

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