Asia saw a strong increase in ethylene prices on Tuesday.
Due to supply disruption brought on by current geopolitical tensions and a jump in upstream energy values, prices went up.
Ethylene prices in CFR South East Asia were evaluated at levels of USD 755–765/mt, a significant increase of USD (+20/mt) from the levels evaluated on Monday.
Ethylene prices in CFR North East Asia were evaluated at USD 775–785/mt levels, with a daily increase of USD (+30/mt).