Bullish buying trend pushes up European ethylene prices

13 Jun 17 1 min read

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Ethylene prices surged in Europe in the last week due to bullish buying trend in the region.
 
In Europe, average prices soared by US$ 5/ton and quoted at US$ 1120/ton in the last week, a rise of 16.67 per cent as compared to previous week.
 
Meanwhile in US, average prices remained unchanged and assessed at 25 cents/pound in the last week as compared to previous week due to mute buying sentiments in the region.

Fibre2Fashion News Desk – India

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