As demand from China weakens along with deteriorating derivative markets amid a supply surplus, ethylene spot prices have dipped below US$900/MT to 3 month lows. Further declines in key ethylene derrivatives have negatively impacted the markets, leading to a more than US$50/ton cut in prices this week.
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Friday, September 18, 2009
Ethylene spot prices in North East Asia dip below US$900
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