Asian ethylene prices display mixed movement last week

In Korea and Japan, average prices declined due to poor demand trend in the regions.

In Korea, average prices reduced by US$ 10/ton and finalised at US$ 885/ton in the last week from US$ 895/ton in the previous week.

In Japan, average prices turned down to US$ 880/ton in the last week, registering a fall of 1.12 per cent over US$ 890/ton at the end of the previous week.

In SE Asia and India, average prices improved due to optimistic market conditions in the region.

In SE Asia, average prices climbed by US$ 5/ton and recorded at US$ 900/ton in the last week, a rise of 0.56 per cent as compared to the previous week.

In India, average prices rose by US$ 10/ton and assessed at US$ 900/ton in the last week, growth of 1.12 per cent as compared to the previous week.

ALCHEMPro News Desk – India