Ethylene prices tumble in Asia
On Thursday, despite higher upstream crude values, ethylene prices drifted lower in Asia.
Prices declined as subdued buying interest persisted, with market participants remaining cautious amid ongoing geopolitical developments
CFR South East Asia ethylene prices were assessed at USD 1435-1445/mt levels, a sharp fall of USD (-40/mt) from Wednesday’s assessed levels.
CFR North East Asia ethylene prices were assessed at USD 1395-1405/mt levels, a decline of USD (-30/mt) from the previous day.
