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Strong product demand pushes Asian ethylene prices
09 May '17
1 min read
Ethylene prices improved in Asia in the last week due to strong product demand in the region.
In Korea, average prices soared by US$ 5/ton and quoted at US$ 1160/ton in the last week, as compared to previous week, a rise of 0.43 per cent.
In Japan, average prices moved up by US$ 5/ton and assessed at US$ 1155/ton in the last week, a climb of 0.43 per cent compared to previous week.
In SE Asia, average prices surged by US$ 5/ton and quoted at US$ 1070/ton in the last week, an improvement of 0.47 per cent over the price prevailing at the end of the previous week.
In NE Asia, average prices increased by US$ 5/ton and assessed at US$ 1205/ton in the last week, registering a hike of 0.42 per cent from the previous week.
Fibre2Fashion News Desk – India
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