The prices of ethylene remained stable-to-soft in Asia in the last fortnight ending May 31, 2014 compared to the previous fortnight ending May 15, due to sluggish demand in the region.
The prices of ethylene remained stable-to-soft in Asia in the last fortnight ending #
In S E Asia, average price of ethylene decreased marginally to US$ 1460/ton in the last fortnight, vis-à-vis the average price of $1465/ton in the previous fortnight. On June 5, 2014, prices were assessed at $1450/ton.
The prices of ethylene remained stable-to-soft in Asia in the last fortnight ending #
In F E Asia, average price of ethylene stayed stable at $1380/ton in the last fortnight.
The prices of ethylene remained stable-to-soft in Asia in the last fortnight ending #
In Japan, the average price of ethylene in May 2014 was $1375/ton, up 24.77 percent over the average price of $1100/ton in the same month last year.
The prices of ethylene remained stable-to-soft in Asia in the last fortnight ending #
However, in the US market, the average price of ethylene declined marginally by 1.82 percent to 54 cents/pound in the last fortnight, compared to the average price of 55 cents/pound in the previous fortnight.
The prices of ethylene remained stable-to-soft in Asia in the last fortnight ending #
Meanwhile, in Europe, the average price of ethylene remained stable at $1210/ton in the last fortnight due to steady buying sentiments.
The prices of ethylene remained stable-to-soft in Asia in the last fortnight ending #
In the European domestic market, selling offers for ethylene were assessed in the range of €880/ton to €885/ton in the first half of the last fortnight, which increased in the second half of the last fortnight to €910/ton. On June 4, 2014, prices were quoted at €940/ton.
The prices of ethylene remained stable-to-soft in Asia in the last fortnight ending #
Fibre2fashion News Desk - India
marketing@alchempro.com
