On Monday, U.S. ethylene prices slipped, highlighting a tepid market environment. Spot prices for delivery to the U.S. Gulf were assessed at 24.50–25.00¢/lb, down by 0.50¢/lb from Friday’s levels, as deals closed at softer price points. This decline reflects subdued trading sentiment amid cautious purchasing behavior.
Across the Pacific, Asian markets saw a contrasting trend. Ethylene prices for CFR North East Asia firmed up, landing in the USD 820–830/mt range, marking a USD 5/mt increase compared to last Friday’s evaluation