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Ethylene prices drop in Europe, stable in US last week

28 Jul '15
1 min read

Ethylene prices dropped in Europe in the last week ended July 24 due to poor downstream product demand in the region.

However, due to correction in feedstock prices, average prices were stable in the US market.

In Europe, average prices went down by US$ 20/ton or 1.70 per cent and were quoted at US$ 1155/ton in the last week, as compared to its previous week.

In US, average prices remained steady at 35 cents/pound in the last week as against its previous week.

Fibre2Fashion News Desk - India

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