Ethylene prices plunged sharply Asian market on drop in upstream crude and naphtha values due to bearish demand sentiments.
As per report, CFR North East Asia prices were assessed at the USD 1320/mt levels, CFR South East Asia prices of ethylene were assessed at the USD 1220/mt.
Prices have plunged by USD 50/mt and USD 25/mt respectively in compare to last assessed prices.
