Ethylene pricing in the United States showed little movement on Thursday, reflecting the quiet tone that has characterized the market in recent weeks. Market participants told that trading activity remained subdued and discussions thin, leaving spot assessments unchanged from the previous session.
Industry sources, speaking on condition of anonymity, said that producers and buyers alike are taking a cautious stance as the final quarter of the year approaches. With no significant shifts in feedstock costs or downstream demand, most traders opted to stay on the sidelines, waiting for a clearer signal before committing to new deals.
Assessments for domestic ethylene held firm at 20.00–20.50 cents per pound on a free-delivered U.S. Gulf basis, exactly matching Wednesday’s levels. The stability underscores a market in balance, with steady operating rates and limited incentives to adjust offers or bids.
Across the Pacific, Asia presented a similar picture of steadiness, though at higher absolute price points. Ethylene delivered on a cost-and-freight basis to North East Asia was assessed at USD 845–855 per metric ton on Thursday, unchanged from earlier in the week. Regional buyers there also reported quiet conditions, with only sporadic inquiries from derivative producers.
Analysts note that, barring a surprise move in crude oil or downstream polyethylene margins, ethylene prices may continue to drift sideways in the near term. Market participants will be watching upcoming maintenance schedules and export flows for any sign of tighter supply that could shift sentiment.
