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Ethylene prices soar in Asia last week

28 Jan '19
1 min read

Ethylene prices elevated in Asia in the last week due to inadequate supply of products coupled with strong demand in the region.
 
In Korea, average prices enhanced to US$ 895/ton in the last week from US$ 820/ton in the previous week, a jump of 9.15 per cent.
 
In Japan, average prices moved up by US$ 75/ton in the last week and traded at US$ 890/ton as compared to US$ 815/ton in the previous week.
 
In NE Asia, average prices rose sharply by US$ 105/ton to US$ 1,000/ton in the last week over US$ 895/ton in the previous week.
 
In SE Asia, average prices escalated from US$ 790/ton in the previous week to US$ 890/ton in the last week, a surge of 12.66 per cent.

ALCHEMPro News Desk – India

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