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Ethylene prices down in Europe but up in US last week

21 Sep '15
1 min read

Ethylene prices went down in Europe in the last week ended Sept 18 from poor downstream product demand in the region.

However, due to lift in buying interest in the region, average prices went up in the US.

In Europe, average prices reduced by US$ 5/ton or 0.50 per cent and were quoted at US$ 990/ton in the last week, as compared to its previous week.

In US, average prices contracted by 5 cents/pound and were offered at 25 cents/pound in the last week, down a massive 25 per cent as against its prior week.

ALCHEMPro News Desk – India

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