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European & US ethylene slips last week from bearish trends

09 Dec '14
1 min read

Ethylene prices slipped in Europe and the US in the last week ending Dec 6 from bearish buying trends in the region.

In Europe, average prices dipped by US$ 60/ton or 5.11 per cent and were quoted at US$ 1115/ton last week, as compared to its previous week ending Nov 29.

In US, average ethylene prices too dropped steeply by 5 cents/pound and were assessed at 45 cents/pound last week, down a massive 10.00 per cent as against its previous week.

Fibre2fashion News Desk - India

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