Ethylene prices in Asia breached the US$1000/mt barrier in Asia for the first time since November 19, 2010 -- as falling crude amid weak demand and sentiments pressured prices lower, as per Platts. CFFR Northeast Asia ethylene was pegged at US$995/mt as crude on the Nymex fell by US$2.
For more details on As oil tanks and demand weakens, ethylene in Asia breaches the US$1000/mt mark click here
No comments:
Post a Comment