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Ethylene prices decline in parts of Asia on Thursday
08 May '15
1 min read
Ethylene prices declined in parts of Asia on Thursday (May 7) mainly due to ample product availability coupled with sluggish downstream demand.
In SE Asia, prices were assessed at US$ 1400/ton on Thursday, lower by US$ 25/ton or 1.8 per cent as compared to prices on Wednesday (May 6).
In NE Asia, prices were spotted at US$ 1380/ton on May 7, down by US$ 20/ton or 1.4 per cent as against prices on May 6.
Prices remained stable in Korea and Japan at US$ 1410/ton and US$ 1405/ton, respectively.
In SE Asia, prices were assessed at US$ 1400/ton on Thursday, lower by US$ 25/ton or 1.8 per cent as compared to prices on Wednesday (May 6).
In NE Asia, prices were spotted at US$ 1380/ton on May 7, down by US$ 20/ton or 1.4 per cent as against prices on May 6.
Prices remained stable in Korea and Japan at US$ 1410/ton and US$ 1405/ton, respectively.
Fibre2fashion News Desk - India
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