Ethylene prices moved higher in the United States on Tuesday, lifted by stronger trading momentum and firmer buying sentiment. Market participants reported that active discussions and a number of trades concluded at improved price levels gave a clear push to spot values.
An industry source in the US, while speaking to a team member, confirmed that the upward trend was largely driven by robust market conversations that reflected healthier demand fundamentals. “Ethylene prices rose on the back of robust market discussions. Reports of trades concluded at higher levels further pushed prices upward,” the source stated.
According to assessments, spot ethylene prices in the US were reported in the range of 20.00–20.50 cents/lb FD US Gulf, representing a rise of 0.50 cents/lb compared with Monday’s levels. The increase highlights a shift in sentiment after several sessions of relative steadiness.
Meanwhile, the Asian ethylene market showed little movement on the same day. Prices across Northeast Asia remained unchanged, assessed at USD 805–815/mt CFR, reflecting a balanced demand-supply scenario in the region. While the US market reacted positively to stronger trading interest, Asia’s flat performance underscored regional differences in market dynamics.
This divergence points to the varying factors shaping ethylene markets worldwide, with the US experiencing firmer trade activity while Asia continues to move within a stable price band.
