Ethylene prices rise in Asia
On Thursday, Asian ethylene prices moved higher, supported by firmer upstream naphtha values and improved buying interest across key regional markets.
Stronger spot market activity provided additional support, as buyers increased procurement amid improving market sentiment and tighter supply-demand dynamics.
CFR Southeast Asia ethylene prices were assessed at USD 795-805/mt levels, up by USD (+10/mt) from Wednesday's assessed levels.
CFR Northeast Asia ethylene prices were assessed at USD 815-825/mt levels, an increase of USD (+10/mt) from the previous day.