On Tuesday, European ethylene prices climbed, reflecting a market buoyed by strong regional demand and constrained supply. CIF North-West Europe (NWE) prices rose to USD 870–880/mt, up USD 5/mt from Monday’s assessment. An industry insider pointed to “robust regional buying interest and limited product availability” as the primary drivers supporting prices.
In contrast, FD NWE ethylene prices held steady at €740–750/mt, showing no change from Monday’s levels. On the other side of the globe, ethylene prices in Asia, specifically CFR North East Asia ,remained unchanged at USD 820–830/mt, matching Monday’s assessment.
The European uptick underscores a tightening supply amid rising demand, particularly from downstream sectors, suggesting market participants are willing to pay up for available volumes. Historical precedent supports this trend, recent reports highlighted a week-on-week gain of USD 5/mt in European CIF NWE ethylene prices driven by even fleeting demand improvements and supply disruptions.
Meanwhile, Asia’s stable pricing suggests persistent equilibrium between supply and demand, with neither side exerting force to move prices in either direction.
