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Asian ethylene prices sharply decline last week
30 Apr '18
1 min read
Ethylene prices sharply reduced in Asia in the last week owing to lackluster business activity in the region.
In Korea, average prices plunged by US$ 95/ton and secured at US$ 1305/ton in the last week, registering a fall of 6.79 per cent over the previous week.
In Japan, average prices dropped down by US$ 95/ton and recorded at US$ 1300/ton in the last week, as compared to the previous week, a decrement of 6.81 per cent.
In NE Asia, ethylene prices shrunk by US$ 45/ton and assessed at US$ 1320/ton in the last week, a declination of 3.30 per cent compared to the previous week.
In SE Asia, ethylene prices declined by US$ 20/ton and quoted at US$ 1260/ton in the last week, a drop of 1.56 per cent over the price prevailing at the end of the previous week.
Fibre2Fashion News Desk – India
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