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Asian ethylene prices dwindle last week

09 Apr '19
1 min read

Ethylene prices plunged in Asia in the last week owing to sufficient product in the region.
 
In Korea, average prices contracted by US$ 70/ton and recorded at US$ 955/ton in the last week, a reduction of 6.83 per cent as compared to the previous week.
 
In Japan, average prices shrank by US$ 70/ton and quoted at US$ 950/ton in the last week, showing a drop of 6.86 per cent over the previous week.
 
In NE Asia, average prices slumped by US$ 50/ton and concluded at US$ 1025/ton in the last week over the previous week, a decrement of 4.65 per cent.
 
In SE Asia, average prices lessened by US$ 55/ton and settled at US$ 925/ton in the last week, registering a fall of 5.61 per cent as compared to the previous week.

Fibre2Fashion News Desk – India

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