Despite higher upstream energy values, ethylene prices declined in Korea, Japan and India in the earlier week.
In Korea, average prices fell by US$ 15/ton and assessed at US$ 1250/ton in the last week as against the previous week, a decline of 1.19 per cent.
In Japan, average prices edged low by US$ 15/ton to US$ 1245/ton in the last week, a slip of 1.19 per cent over the week before.
In India, average prices moved down by US$ 10/ton while settling at US$ 1155/ton in the last week, a reduction of 0.86 per cent over the price prevailing at the end of the previous week.
The average prices in NE Asia went up by US$ 10/ton to a total of US$ 1280/ton, an increase of 0.79 per cent over the earlier week, because of strong market condition in the region.
Fibre2Fashion News Desk – India