Ethylene prices in the United States remained largely unchanged on Wednesday, reflecting a market that continues to move through a period of subdued activity. According to an industry source told that, market discussions were muted, with participants citing limited spot interest and balanced supply-demand fundamentals.
Assessments for U.S. ethylene were reported at 20.00–20.50 cents per pound FD US Gulf, holding firm from Tuesday’s levels. Traders noted that stable operating rates at key crackers and steady downstream demand have kept price fluctuations in check, even as upstream energy markets remain volatile.
Across Asia, a similar pattern of stability prevailed. On Wednesday, CFR North East Asia ethylene prices were assessed at USD 835–845 per metric ton, unchanged from the previous session. Regional sources highlighted consistent demand from derivative producers, which, alongside adequate feedstock availability, contributed to the steady pricing environment.
Market analysts suggest that without a significant shift in supply disruptions or demand surges, ethylene prices in both the U.S. and Asia are likely to maintain a narrow trading range in the near term.
