Home breadcru News breadcru Petrochemicals breadcru Ethylene climbs in Europe & stays stable in US last week

Ethylene climbs in Europe & stays stable in US last week

29 Mar '16
1 min read

Ethylene prices climbed in Europe in the last week ended March 25 due to optimistic market fundamentals.

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

In Europe, average prices went up by US$ 40/ton or 4.82 per cent and were quoted at US$ 870/ton in the last week, as compared to its previous week.

In US, average prices remained steady and were assessed at 30 cents/pound in the last week, as against its prior week.

ALCHEMPro News Desk – India

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