Ethylene prices in the United States started the week on a softer note, with values edging lower as trading activity reflected weaker sentiment. Market sources reported that deals were concluded at reduced levels, putting downward pressure on prices across the US Gulf region.
On Monday, ethylene was assessed at 20.00–20.50 cents per pound FD US Gulf, marking a decline of 0.50 cents per pound compared to last Friday’s assessments. According to an industry source in the US, “ethylene prices were assessed down in the week amid deals concluded at lower levels,” signaling that sellers were willing to adjust offers in response to lackluster demand and cautious buying. The dip comes as the US market continues to navigate fluctuations in operating rates and downstream demand from polyethylene and other derivatives.
In contrast, Asian ethylene markets remained steady. On Monday, CFR North East Asia prices were assessed at USD 835–845 per metric ton, unchanged from the previous session. This stability reflects balanced fundamentals, with sufficient regional supply meeting consistent consumption from downstream buyers. Analysts note that while the US is experiencing mild price corrections, Asia’s ethylene market is holding firm, suggesting diverging regional dynamics at the start of the week.