Asia’s ethylene prices held steady on Wednesday, with CFR Northeast Asia assessed at USD 815–825/mt and CFR Southeast Asia at USD 825–835/mt, unchanged from the previous day.
“A subdued trading environment persisted, with buyers remaining cautious despite rising naphtha costs that normally lift ethylene values,” said an industry source based in Asia, who requested anonymity. Market activity remained light, reflecting weak downstream demand and minimized purchasing momentum.
On the supply front, PTT Global Chemical stopped its No. 1 steam cracker at Map Ta Phut, Thailand, around July 27, 2025, due to a technical issue. The unit, capable of producing 461,000 mt/year of ethylene, adds a note of supply caution, even as pricing reflects available inventories rather than any tightness.
Overall, Asia’s ethylene market remains nominally stable, dampened by cautious participants and balanced supply flows. Future price direction is likely to depend on developments in downstream demand or further operational events at major cracker complexes.
