Ethylene prices gain in parts of Asia
On Wednesday, despite weaker upstream energy values, ethylene prices rose in Northeast Asia, while remaining stable in Southeast Asia.
CFR Northeast Asia ethylene prices were assessed at USD 1235-1245/mt levels, up USD (+10/mt) from Tuesday’s assessed levels. The price gain was driven by limited supply coupled with improved regional buying sentiment.
CFR Southeast Asia ethylene prices were assessed at USD 1175-1185/mt levels, unchanged day on day. Subdued market moment kept prices unchanged in the region.
