Thursday, October 21, 2010

Profits from ethylene may be capped in Asia in 2011 as production rises in China

As ethylene production in China jumped to the highest level in 8 months, profit from making ethylene may drop to US$100/MT in Asia in 2011, as per Bloomberg. Profits are expected to be capped by Januaary, as new plants in Asia ramp up utilization rates.

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