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Ethylene declines in Europe, keeps stable in US last week

27 Oct '15
1 min read

Ethylene prices declined in Europe in the last week ended Oct 23 due to weak downstream product prices in the region.

However, due to dull buying sentiments, average prices were stable in the US.

In Europe, average prices descended by US$ 30/ton or 3.49 per cent and were quoted at US$ 830/ton in the last week, as compared to its previous week.

In US, average prices remained steady and were spotted at 20 cents/pound in the last week as against its prior week.

ALCHEMPro News Desk – India

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