Weak upstream leads to Asian ethylene slipping last week

12 Jan '15
1 min read

Weak upstream energy prices in the region led to Asian ethylene prices slipping in the last week ending Jan 9.

In Korea, average prices went down by US$ 5/ton or 0.56 per cent and were assessed at 895/ton last week, as compared to its previous week.

In Japan, average ethylene prices also fell by US$ 10/ton and were quoted at US$ 890/ton last week, down 1.11 per cent from its previous week.

In SE Asia too, average prices reduced by US$ 10/ton and were offered at US$ 985/ton last week as against its previous week, a decrease of 1.01 per cent.

In NE Asia, average prices descended by US$ 15/ton or 1.61 per cent from its previous week and were spotted at US$ 915/ton last week.

In India too, average prices declined by US$ 10/ton and were assessed at US$ 985/ton last week, down 1.10 per cent from its previous week.

Fibre2fashion News Desk - India

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