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Ethylene prices plunge in Europe last week
31 May '16
1 min read
Ethylene prices went down in Europe in the last week due to poor downstream product demand in the region.
In Europe, average prices decreased by US$ 15/ton and quoted at US$ 1000/ton in the last week, as compared to previous week, a fall of 1.48 per cent.
Meanwhile in US, due to correction in feedstock prices, average prices were stable and quoted at 25 cents/pound in the last week from the previous week.
Fibre2fashion News Desk - India
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