Ethylene prices drift lower in Asia
On Thursday, ethylene prices were assessed sharply lower in Asia.
Prices declined amid softer upstream energy values, weak downstream demand, and subdued trading activity across the region.
CFR Northeast Asia ethylene prices were assessed at USD 960-970/mt levels, sharply lower by USD (-35/mt) from Wednesday's assessed levels.
CFR Southeast Asia ethylene prices were assessed at USD 925-935/mt levels, a sharp drop of USD (-30/mt) from Wednesday.