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Asian ethylene prices show mixed movement past week

03 Oct '17
1 min read

Ethylene prices showed mixed trend in Asia in the last week.
 
In Korea and Japan, average prices declined due to absence of buyers in the region.
 
In Korea, average prices stepped down by US$ 15/ton and recorded at US$ 1355/ton in the last week, as compared to previous week, a drop of 1.09 per cent.
 
In Japan, average prices reduced by US$ 15/ton and secured at US$ 1350/ton in the last week, a fall of 1.10 per cent compared to previous week.
 
In NE Asia, average prices improved by US$ 10/ton and recorded at US$ 1340/ton in the last week, registering a gain of 0.75 per cent from the previous week due to tight supply of product in the region.
 
In SE Asia, average prices kept inert at US$ 1210/ton in the last week, as compared to the previous week due to mute buying sentiments in the region.

ALCHEMPro News Desk – India

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