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Dull buying sentiments back lower ethylene prices
22 Mar '17
1 min read
Ethylene prices moved down in Asia in the last week due to dull buying sentiments in the region.
In FE Asia, average prices stepped down by US$ 90/ton and quoted at US$ 1175/ton in the last week, as compared to previous week, a drop of 7.11 per cent.
In Japan, average prices reduced by US$ 90/ton and assessed at US$ 1170/ton in the last week, a reduction of 7.14 per cent compared to previous week.
In SE Asia, average prices edged lower by US$ 35/ton and quoted at US$ 1080/ton in the last week, a decrement of 3.14 per cent over the price prevailing at the end of the previous week.
In NE Asia, average prices declined by US$ 80/ton and assessed at US$ 1190/ton in the last week, registering a fall of 6.30 per cent from the previous week.
Fibre2Fashion News Desk – India
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