On Thursday, U.S. ethylene prices experienced a modest decline as trading participants wrapped up deals at lower levels. The market closed with assessments at 24.50–25.00 cents/lb FD U.S. Gulf, marking a 1 cent/lb drop from Wednesday’s levels. Market feedback suggests that downward pressure is emerging amid subdued deal-making, even though sources indicate that the current pricing may have reached its near-term bottom.
In contrast, Asia’s ethylene market remained unchanged on Thursday. Prices were assessed at USD 815–825/mt CFR North East Asia, showing no movement from the previous week. Market dynamics in the region appear stable, with demand and supply roughly balanced at current levels.
