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Europe ethylene prices plunge, keep stable in US last week

06 Jul '15
1 min read

Ethylene prices plunge in Europe in the last week ended July 3 due to downstream product prices in the region.

However, due to firm energy prices in the market, average prices were stable in the US.

In Europe, average prices slipped by US$ 95/ton or 7.06 per cent and were quoted at US$ 1250/ton in the last week, as compared to its previous week.

In US, average prices remained steady at 35 cents/pound in the last week as against its previous week.

Fibre2Fashion News Desk - India

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