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Ethylene prices in Asia plunge last week

12
Nov '18
Ethylene prices weakened in Asia in the past week due to ample availability of product in the region.

In Korea, average prices witnessed a sharp fall of US$ 70/ton and recorded at US$ 885/ton in the previous week as compared to the last week, a decline of 7.33 per cent.

In Japan, average prices slipped to US$ 880/ton in the last week, a fall of 7.37 per cent over US$ 950/ton over the preceding week.

In SE Asia, average prices decreased US$ 25/ton and settled at US$ 840/ton in the last week, a drop of 2.89 per cent over the price prevailing at the end of the former week.

In NE Asia, average prices slowed by US$ 30/ton and quoted at US$ 925/ton in the last week, post reduction of 3.14 per cent as compared to the previous week.

Fibre2Fashion News Desk – India


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