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Mute sentiment this week keeps Asian ethylene price steady

06 Sep '14
1 min read

Asian ethylene prices remained steady during this week from mute buying sentiments coupled with unfavorable market fundamentals.

In Korea, prices were stable at US$ 1490/ton in this week ending Sept 5 as compared to the previous week ending Aug 29.

In Japan, ethylene prices were assessed at US$ 1460/ton this week, flat from the previous week.

Despite tight product availability in the region, S E Asia prices depicted similar trend and were quoted at US$ 1495/ton, zero change from last week.

In India, prices were spotted at US$ 1495/ton, same as in the previous week.

However, in N E Asia prices went down marginally to US$ 1530/ton as compared to US$ 1525-1535/ton in its previous week.

Fibre2fashion News Desk - India

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