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European ethylene surges but stays stable in US last week

31 Mar '15
1 min read

Ethylene prices surged in Europe in the last week ended March 27, due to tight product availability in the region, while they stayed stable in the US.

In Europe, average prices drove up by US$ 85/ton or 9.71 per cent and were quoted at US$ 960/ton in the last week, as compared to its previous week.

In US, due to correction in feedstock prices, average prices were stable at 35 cents/pound in the last week, as against its previous week.

Fibre2fashion News Desk - India

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