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European ethylene prices tank last week, stay stable in US
23
Dec '14
Weak upstream energy prices in the region led to ethylene prices tanking in Europe in the last week ending Dec 19.

However, they stayed stable in the US market last week from its previous week ending Dec 12, due to firm energy trends.

In Europe, average prices reduced by US$ 55/ton or 5.14 per cent and were quoted at US$ 1015/ton last week, as compared to its previous week.

In US, average prices were stable at 40 cents/pound last week as against its previous week.

Fibre2fashion News Desk - India

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