In the last fortnight price of Ethylene increased. Demand for spot cargoes was robust as downstream producers continued to enjoy hefty margins which led them to increase their operational rate too. This in turn kept demand of Ethylene on higher side. With the similar reason price of Ethylene increased in Asian market too. In Asian market demand was mainly from plastic sector whereas demand from textile sector was reducing at steady pace. Price hike of Ethylene was supported by the unplanned outage at S Korea based YNCC also.