Ethylene prices witnessed sharp fall in Asia in the last week because of sluggish buying trends coupled with ample product in the region.
In Korea, average prices diminished US$ 105/ton and assessed at US$ 790/ton in the last week, after a decrease of 11.73 per cent over the previous week.
In Japan, average prices contracted to US$ 785/ton in the last week over US$ 890/ton in the prior week, a drop of US$ 105/ton.
In NE Asia, average prices dwindled US$ 60/ton to a total of US$ 845/ton in the last week, a reduction of 6.63 per cent over the price prevailing at the end of the preceding week.
In SE Asia, average prices edged down drastically by US$ 70/ton and traded at US$ 755/ton in the last week over the previous week, a decline of 8.48 per cent.
Fibre2Fashion News Desk – India