Ethylene prices quote steady in Asia

On Monday, ethylene prices remained stable in Asia.

An industry source in Asia informed a Polymerupdate team member, “Prices were assessed flat due to quiet buying sentiments in the region. A muted purchase interest further lent support to a stable pricing environment."

On Monday, CFR North East Asia ethylene prices were assessed at the USD 830-840/mt levels, rolled over from Friday.

CFR South East Asia ethylene prices on Monday were assessed at the USD 940-950/mt levels, stable from Friday's assessed levels.

In plant news, Lotte Chemical Titan has recently restarted its cracker following a turnaround. The cracker was shut for maintenance in end April 2024. Located in Pasir Gudang, Malaysia, the cracker has an ethylene capacity of 525,000 mt/year.