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Asian ethylene prices gain sharply past week

04 Jun '18
1 min read

Ethylene prices leaped higher in Asia in the last week due to tight product availability the region.
 
In Korea, average prices climbed sharply by US$ 60/ton and finalized at US$ 1275/ton in the last week, a gain of 4.94 per cent as compared to the previous week.
 
In Japan, average prices went up by US$ 60/ton and secured at US$ 1270/ton in the last week, after an increase of 4.96 per cent as compared to the previous week.
 
In SE Asia, average prices picked up by US$ 30/ton and recorded at US$ 1210/ton in the last week as compared to the previous week, an advancement of 2.54 per cent.
 
In NE Asia, average prices improved by US$ 60/ton and quoted at US$ 1335/ton in the last week, a climb of 4.71 per cent over the price prevailing at the end of the previous week.

Fibre2Fashion News Desk – India

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