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Spot ethylene prices climb in Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 18/04/2017 (04:17)
In Asia, spot ethylene prices on CFR China basis have been steadily increasing since early April after tracking a decreasing trend for a month, according to weekly average prices on ChemOrbis Price Wizard.



Source: ChemOrbis Price Wizard

Spot ethylene prices have increased around $60/ton since early April to be currently reported at $1200/ton CFR China.

Higher spot prices were driven by limited supplies amidst shutdowns in Asia as well as strong crude oil prices hovering above the $50/barrel threshold.
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