Ethylene prices in the United States remained unchanged on Thursday, reflecting a period of subdued market activity and balanced supply-demand fundamentals. An industry source told that trading volumes were light, with participants showing little urgency to adjust bids or offers as domestic fundamentals stayed steady.
Assessments placed U.S. Gulf Coast ethylene at 20.00–20.50 cents per pound on an FD basis, exactly matching Wednesday’s levels. Market watchers noted that feedstock costs and derivative demand have offered no clear direction in recent days, keeping sentiment neutral and limiting volatility.
The calm extended beyond North America. Asian ethylene markets were similarly steady, with prices assessed at USD 835–845 per metric ton CFR Northeast Asia, also unchanged from the previous session. Traders in the region reported consistent operating rates and adequate supply, reinforcing the quiet global tone.
Analysts suggest that while seasonal demand from downstream polyethylene and styrene sectors may eventually influence pricing, the near-term outlook points to continued stability unless a significant shift occurs in energy markets or cracker operating rates.
