Ethylene prices slip in Asia on weaker energy values
On Wednesday, ethylene prices in Asia declined, tracking bearish upstream energy values.
Prices fell further as buying momentum remained weak, with market players staying cautious amid volatile market conditions.
CFR South East Asia ethylene prices were assessed at USD 1395-1405/mt levels, a plunge of USD (-50/mt) from Tuesday’s assessed levels.
CFR North East Asia ethylene prices were assessed at USD 1395-1405/mt levels, a sharp day-on-day drop of USD (-50/mt).
