On Wednesday, a steep fall in upstream crude and naphtha values pushed ethylene prices lower in Asia.
Prices continued to decline as buying momentum remained weak, with market participants staying cautious while tracking market trends amid evolving geopolitical developments.
CFR South East Asia ethylene prices were assessed at USD 1475-1485/mt levels, down USD (-20/mt) from Tuesday’s assessed levels.
CFR North East Asia ethylene prices were assessed at USD 1425-1435/mt levels, a day-on-day drop of USD (-20/mt).
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