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Mute buying sentiments in European & US ethylene markets
15
Dec '14
Mute buying sentiments prevailing in the region led to a fall in prices of ethylene in European and US markets during the last week ending December 12, 2014.
 
In Europe, average prices of ethylene decreased by US$ 45 per ton and were quoted at $1070 per ton in the last week, showing a drop of 4.04 per cent compared to the previous week ending December 5.
 
In US, average prices of ethylene dipped by 5 cents per pound and were assessed at 40 cents per pound in the last week, a decrease of 11.11 per cent compared to the previous week.
 

Fibre2fashion News Desk - India

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