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Dull sentiments pull down Europe ethylene prices last week
22 Sep '14
1 min read
Ethylene prices in USD European market went down by end of last week ending Sept 19, from dull sentiments in the downstream market and improved product availability in the region.
Also, supporting the price decline were lower upstream energy prices.
However, they stayed steady in the European local market.
In US dollar based market, European ethylene prices went down US$ 30/ton by end of last week as compared to that on Sept 15 and were assessed at US$ 1120/ton.
In the European domestic market, ethylene prices kept steady at € 910/ton last week.
Also, supporting the price decline were lower upstream energy prices.
However, they stayed steady in the European local market.
In US dollar based market, European ethylene prices went down US$ 30/ton by end of last week as compared to that on Sept 15 and were assessed at US$ 1120/ton.
In the European domestic market, ethylene prices kept steady at € 910/ton last week.
Fibre2fashion News Desk - India
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