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Weak activity pulls down European ethylene prices

09 May '17
1 min read

Ethylene prices moved down in Europe in the last week due to weak business activity in the region.
 
In Europe, average prices stepped down by US$ 15/ton and quoted at US$ 1195/ton in the last week, a reduction of 1.24 per cent as compared to previous week.
 
Meanwhile in US, average prices kept inert and assessed at 30 cents/pound in the last week, as compared to previous week due to moderate product demand in the region.

ALCHEMPro News Desk – India

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