US ethane hits nine-month low on slack demand, strong selling

摘要

HOUSTON (ICIS)--Gulf Coast ethane prices are trading at nine-month lows on Monday morning, on delayed demand outlets and aggressive selling by typical buyers. Market sources said front-month spot ethane traded as low as 22.25 cents/gal FOB (free on board) Mont Belveiu in early morning activity, a level not seen since mid-March.