Asia Ethylene

摘要

Asian ethylene prices were firm this week on the back of stronger upstream prices. Ethylene prices were assessed at $1,190/mt CFR Northeast Asia and $1,250/mt CFR Southeast Asia Friday, up $30/mt and $35/mt week on week respectively. Based on a theoretical cracking cost of $350/mt, CFR Northeast Asia prices were $25.63/mt in the red. A deal was heard concluded at $1,150/mt CFR China on Monday.