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Asian ethylene declines last week from bearish demand

27 Jul '15
1 min read

Ethylene prices declined in Asia in the last week ended July 24 from bearish product demand in the region.

In Korea, average prices slipped by US$ 40/ton or 3.35 per cent and were assessed at US$ 1155/ton in the last week, as compared to its previous week.

In Japan, average prices fell by US$ 40/ton and were quoted at US$ 1145/ton in the last week, down 3.38 per cent from its previous week.

In SE Asia, average prices contracted by US$ 45/ton and were offered at US$ 1090/ton in the last week, a decrease of 3.96 per cent as against its previous week.

In NE Asia, average prices reduced by US$ 30/ton or 2.50 per cent from its previous week and were spotted at US$ 1170/ton in the last week.

In India, average prices went down by US$ 45/ton and were assessed at US$ 1090/ton in the last week, down 3.96 per cent as compared to its previous week.

ALCHEMPro News Desk - India

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