Last week, ethylene prices rolled over in the Asian region.
On Friday, CFR South East Asia ethylene prices were assessed steady at the USD 915-925/mt levels.
FOB Korea ethylene prices were assessed at the USD 825-835/mt levels while FOB Japan ethylene prices were assessed at the USD 820-830/mt levels, both unchanged from the previous week
CFR North East Asia ethylene prices on Friday were assessed at the USD 865-875/mt levels, flat week on week.
In plant news, Hyundai Chemical is likely to take off stream its cracker in mid-October 2025 for a maintenance turnaround. The cracker is slated to remain offline for about 50 days.
Located in Daesan, South Korea, the cracker has an ethylene production capacity of 850,000 mt/year.
In other plant news, Lotte Chemical is likely to shut down its cracker on April 12, 2025 at the cracker for maintenance. The cracker is slated to remain offline until June 16, 2025.
Located in Daesan, South Korea, the cracker has an ethylene production capacity of 1.1 million mt/year.