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Plummet in Asian ethylene prices

Related Keywords: as sellers of ethylene, Asia witnessed plummet in ethylene prices this week, bearish downstream product demand, due to tedious buying interest, ethylene market likely remain bearish, forced to reduce prices, KPIC plans to restart its cracker, pricing trends, sharply lower across the Asia region, sufficient product availability

Asia witnessed plummet in ethylene prices this week, as sellers of ethylene were forced to reduce their prices sharply lower across the Asia region due to tedious buying interest, sufficient product availability and bearish downstream product demand and pricing trends.

FOB Korea prices of ethylene on Friday were assessed lower at the USD 980/mt levels, a fall of USD80/mt on the week.

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