Polymerupdate News - Asian ethylene prices continue to journey south on Thursday
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Asian ethylene prices continue to journey south on Thursday

Petrochemical industry | 14 Jun 2019 09:30 IST | Polymerupdate.com

Ethylene prices in Asia dropped, for the second successive day, on Thursday. The price drop was triggered by persistent bearish regional buying sentiments coupled with plentiful product availability.

The price fall was further supported by weaker downstream PE demand and pricing trends.

CFR South East Asia prices were assessed down at the USD 715/mt levels, a day on day drop of USD 15/mt.

CFR North East Asia prices of ethylene were assessed lower at the USD 800/mt mark, a fall of USD 15/mt from Wednesday’s assessed levels.

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