Asian ethylene prices display mix trend past week
28 May 18 1 min read
In Korea, Japan and SE Asia average prices plunged due to insipid market conditions.
In Korea, average prices edged lower by US$ 5/ton and finalised at US$ 1200/ton in the last week, a fall of 0.41 per cent as compared to the previous week.
In Japan, average prices inched down by US$ 5/ton and secured at US$ 1195/ton in the last week, after a decrement of 0.42 per cent as compared to the previous week.
In SE Asia, average prices dropped down by US$ 10/ton and quoted at US$ 1180/ton in the last week as compared to the previous week, a declination of 0.84 per cent.
In NE Asia, average prices marched higher by US$ 20/ton and assessed at US$ 1275/ton in the last week, an advancement of 1.59 per cent over the price prevailing at the end of the previous week due to positive market sentiments.
Fibre2Fashion News Desk – India
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