Price ethylene Asia remained stable - Arhive

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The price of ethylene in Asia remained stable on July 16  Price ethylene Asia remained stable 

Price ethylene Asia remained stable MOSCOW- The price of ethylene in Asia on July 16 remained stable, ICIS reports citing market participants.

Thus, the price of ethylene remained unchanged at USD1,390 per tonne, CFR NE Asia (North-East Asia).

The buyers mostly adhered to their price indicators against the backdrop of bad margins, while suppliers were considering price increases against the backdrop of limited regional supplies.

Previously reported , ethylene prices in Asia remained stable July 11 compared with the previous day. So, the price of ethylene on July 11 in Asia was at the level of USD1390 per tonne, CFR Northeast Asia. Price ethylene Asia remained stable  

Ethylene is the main raw material for the production of polyethylene (PE).

According to the Price Review of ICIS-MRC , in Russia last week the buying activity in the PE market was low, but the demand is stable.Price ethylene Asia remained stable  

In some segments of the PE, supply restrictions remain, but as such there is no shortage and no rush in connection with this market.Price ethylene Asia remained stable  

As a result of the week, there was a rise in prices, as well as a slight decrease. The greatest shortage of supply is noted in the segment of the IPA.

There is a deferred demand since June, there is a good demand for this polyethylene in July.Price ethylene Asia remained stable  

Source : mrcplast.ru

Author:                Anna Larionova

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