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Asian ethylene plunges from weak upstream prices last week

17 Aug '15
1 min read

Ethylene prices plunged in Asia in the last week ended August 14 from weak upstream energy prices in the region.

In Korea, average prices decreased by US$ 50/ton or 4.72 per cent and were assessed at US$ 1010/ton in the last week, as compared to previous week.

In Japan, average prices dropped by US$ 50/ton and were quoted at US$ 1000/ton in the last week, down 4.76 per cent as against its prior week.

In SE Asia, average prices declined by US$ 75/ton and were offered at US$ 935/ton in the last week, a decrease of 7.43 per cent from its earlier week.

In NE Asia, average prices dipped by US$ 85/ton or 7.80 per cent from its previous week and were spotted at US$ 1005/ton in the last week.

In India, average prices went down by US$ 75/ton and were assessed at US$ 935/ton in the last week, down 7.43 per cent versus its earlier week.

Fibre2Fashion News Desk – India

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