Asian ethylene prices display mix trend past week

In Korea, Japan and SE Asia average prices plunged due to insipid market conditions.

In Korea, average prices edged lower by US$ 5/ton and finalised at US$ 1200/ton in the last week, a fall of 0.41 per cent as compared to the previous week.

In Japan, average prices inched down by US$ 5/ton and secured at US$ 1195/ton in the last week, after a decrement of 0.42 per cent as compared to the previous week.

In SE Asia, average prices dropped down by US$ 10/ton and quoted at US$ 1180/ton in the last week as compared to the previous week, a declination of 0.84 per cent.

In NE Asia, average prices marched higher by US$ 20/ton and assessed at US$ 1275/ton in the last week, an advancement of 1.59 per cent over the price prevailing at the end of the previous week due to positive market sentiments.

ALCHEMPro News Desk – India