European & US ethylene prices plunge steeply last week

19 Jan '15
1 min read

Ethylene prices plunged in double digits percentage wise in Europe & US in the last week ending Jan 16 from ample of product availability in the region.

In Europe, average prices caved in by a steep US$ 95/ton or 10.67 per cent and were quoted at US$ 795/ton last week, as compared to its previous week.

In US too, average prices were knocked down by 5 cents/pound and were assessed at 35 cents/pound last week, down also by a massive 12.50 per cent from its previous week.

Fibre2fashion News Desk - India

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