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Weak upstream last week pulls down Asian ethylene trends

10 Nov '14
1 min read

Weak upstream energy prices in the region, pulled down Asian ethylene prices in the last week ending Nov 8.

In Korea, average ethylene prices slipped by US$ 20/ton or 1.54 percent and were assessed at 1275/ton in the last week, as compared to its previous week ending Nov 1.

In Japan, average ethylene prices pushed down by US$ 30/ton and were quoted at US$ 1270/ton last week, down 2.31 percent from its previous week.

In the S E Asia market, average prices fell slower by US$ 10/ton and were offered at US$ 1270/ton last week against its previous week, a decline of 0.78 percent.

In India too, average prices dropped by US$ 10/ton or 0.78 percent from its previous week and were assessed at US$ 1270/ton last week.

Fibre2fashion News Desk - India

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