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Asian ethylene prices show mix trend last week

13 Aug '18
1 min read

Ethylene prices displayed mixed movement in Asia in the last week.
 
In Korea and Japan average prices stayed stable due to mute business indications.
 
In Korea, average prices maintained steady trend and assessed at US$ 1340/ton in the last week as compared to the previous week.
 
In Japan, average prices kept unchanged and traded at US$ 1335/ton in the last week over the previous week.
 
In NE Asia and SE Asia average prices enhanced due to lift in the buying inquiries.
 
In NE Asia, average prices moved up by US$ 25/ton and concluded at US$ 1380/ton in the last week, after an increase of 1.85 per cent as compared to the previous week.
 
In SE Asia, average prices stepped up by US$ 10/ton and settled at US$ 1250/ton in the last week, showing an enhancement of 0.81 per cent over the price prevailing at the end of the previous week.

Fibre2Fashion News Desk – India

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