Ethylene prices plunge in Asia
On Tuesday, ethylene prices were assessed sharply lower in Asia.
Prices declined amid bearish upstream energy values, weak downstream demand, and subdued trading activity across the region.
CFR South East Asia ethylene prices were assessed at USD 975-985/mt levels, a sharp drop of USD (-40/mt) from Tuesday's assessed levels.
CFR North East Asia ethylene prices were assessed at USD 925-935/mt levels, day-on-day sharply lower by USD (-40/mt).