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Asian ethylene prices dip this week but stay steady in US
21 Jun '14
1 min read
In Asia, selling offers for Ethylene declined due to sluggish buying sentiments in the region coupled with a fall in upstream energy value, but stayed stable in the US markets
In this week ending June 21, Asian selling offers for Ethylene went down by 0.55% compared to the earlier week ending June 14.
In S E Asian market, selling offers for Ethylene went down by US$ 10/ton in this week compared to its earlier week ending June 14 and were in the range of US$ 1410/ton to US$ 1415/ton.
In F E Asian market, selling offers for Ethylene declined by US$ 5/ton and were in the range of US$ 1365/ton to US$ 1370/ton.
In the Indian market, selling offers for Ethylene also plunged by US$ 10/ton and were offered in the range of US$ 1410/ton to US$ 1415/ton.
In U.S.A market, Ethylene prices kept steady during this week due to mute buying sentiments and were offered in the range of 54.50 cents/pound to 55.00 cents/pound.
Fibre2fashion News Desk - India
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