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Strong activity supports higher Asian ethylene prices

01 Aug '17
1 min read

Ethylene prices moved up in Asia in the last week due to strong business activity in the region.
 
In Korea, average prices stepped up by US$ 25/ton and quoted at US$ 935/ton in the last week, as compared to previous week, a rise of 2.75 per cent.
 
In Japan, average prices improved by US$ 25/ton and assessed at US$ 930/ton in the last week, a jump of 2.76 per cent compared to previous week.
 
In SE Asia, average prices inched higher by US$ 20/ton and quoted at US$ 895/ton in the last week, an improvement of 2.29 per cent over the price prevailing at the end of the previous week.
 
In NE Asia, average prices surged by US$ 25/ton and assessed at US$ 990/ton in the last week, registering a hike of 2.59 per cent from the previous week.

Fibre2Fashion News Desk – India

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