Ethylene Asia

摘要

NEA: The CFR Northeast Asia ethylene price rose $13/mtfrom Thursday to be assessed at $1,144/mt Friday, lifted byfirming market sentiment amid strong upstream anddownstream markets. The CFR NEA price increased $20/mt from the previous week. Upstream, NYMEX August crude oilfutures were pegged at $98.64/barrel at 4:30 PM Singaporetime (0830 GMT), compared with $94.35/b last Friday.Downstream, high density polyethylene was assessed at$1,370/mt CFR China, up from $1,315/mt last Friday. End-users’ buying appetite continued to firm this week, withbuying interest reported at around $1,100/mt CFR NEA forH1 August arrival.