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Bearish demand drives down Asian ethylene last week

18 May '15
1 min read

Bearish product demand in the region drove down Asian ethylene prices in the last week ended May 15.

In Korea, average prices dipped by US$ 55/ton or 3.97 per cent and were assessed at 1330/ton in the last week, as compared to its previous week.

In Japan, average prices declined by US$ 55/ton and were quoted at US$ 1325/ton in the last week, down 3.99 per cent from its previous week.

In SE Asia, average prices reduced by US$ 25/ton and were spotted at US$ 1390/ton in the last week, a decrease of 1.77 per cent as against its previous week.

In NE Asia, average prices fell by US$ 30/ton or 2.15 per cent from its previous week and were offered at US$ 1365/ton in the last week.

In India, average prices went down by US$ 25/ton and were assessed at US$ 1390/ton in the last week, down 1.77 per cent as compared to its previous week.

Fibre2fashion News Desk - India

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