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Asian ethylene prices crash last week due to poor demand
22 Dec '14
1 min read
Ethylene prices crashed in Asia in the last week ending Dec 19, due to poor downstream product demand in the region.
In Korea, average prices dropped by US$ 75/ton or 7.39 per cent and were assessed at 940/ton last week, as compared to its previous week ending Dec 12.
In Japan, average prices dipped by US$ 75/ton and were quoted at US$ 940/ton last week, down 7.39 per cent as against its previous week.
In SE Asia also, average prices went down by US$ 60/ton and were offered at US$ 1030/ton last week from its previous week, a decrease of 5.50 per cent.
In India too, average ethylene prices fell by US$ 55/ton or 5.05 per cent from its previous week and were spotted at US$ 1035/ton last week.
In Korea, average prices dropped by US$ 75/ton or 7.39 per cent and were assessed at 940/ton last week, as compared to its previous week ending Dec 12.
In Japan, average prices dipped by US$ 75/ton and were quoted at US$ 940/ton last week, down 7.39 per cent as against its previous week.
In SE Asia also, average prices went down by US$ 60/ton and were offered at US$ 1030/ton last week from its previous week, a decrease of 5.50 per cent.
In India too, average ethylene prices fell by US$ 55/ton or 5.05 per cent from its previous week and were spotted at US$ 1035/ton last week.
Fibre2fashion News Desk - India
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