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Ethylene expected to remain range bound
24
Nov '10
In overall Asian market, ethylene price is expected to remain in the range of US $1000-1050 / ton, as per market experts. Today the price of ethylene stood around $1000 / ton in S E Asian market.

While speaking to another expert, he revealed that, in China, the demand for MEG has declined by around 40-50% of total consumption.

Although, in the days to come, the price of MEG in China is projected to remain firm and will be in range of $1015-1025 / ton. Today, MEG was assessed at around $1015-1025 / ton, in China.

Fibre2fashion News Desk - India

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