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Asian ethylene drops last week from mute sentiments

24 Aug '15
1 min read

Ethylene prices dropped in Asia in the last week ended August 21 due to mute buying sentiments in the region.

In Korea, average prices declined by US$ 115/ton or 11.39 per cent and were assessed at US$ 895/ton in the last week, as compared to its previous week.

In Japan, average prices decreased by US$ 115/ton and were quoted at US$ 885/ton in the last week, down a massive 11.50 per cent as against its prior week.

In SE Asia, average prices dipped by US$ 45/ton and were offered at US$ 890/ton in the last week, a decrease of 4.81 per cent from its earlier week.

In NE Asia, average prices descended by US$ 75/ton or 7.46 per cent per cent from its preceding week and were spotted at US$ 930/ton in the last week.

In India, average prices were down by US$ 45/ton and were witnessed at US$ 890/ton in the last week, as compared to previous week, a decrease of 4.81 percent.

Fibre2Fashion News Desk – India

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