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Asian ethylene slips last week from ample availability

05 Jan '15
1 min read

Ethylene prices slipped in Asia in the last week ending January 2 from ample of product availability coupled with weak downstream product demand in the region.

In SE Asia, average prices went down by US$ 5/ton or 0.50 per cent and were assessed at US$ 995/ton last week, as compared to its previous week ending Dec 26.

In NE Asia too, average ethylene prices dipped by US$ 10/ton and were quoted at US$ 930/ton last week, down 1.06 per cent as against its previous week.

In India, average prices declined by US$ 5/ton and were offered at US$ 995/ton last week, as compared to its previous week, a decrease of 0.50 per cent.

Fibre2fashion News Desk - India

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