Ethylene markets across the United States and Asia remained stable on Tuesday, reflecting subdued trading conditions and limited fresh developments.
In the U.S., industry participants reported muted sentiment, with discussions heard to be quiet and lacking significant momentum. According to market sources, ethylene prices were assessed unchanged at 20.00-20.50 cents/lb FD US Gulf, holding firm against Monday’s assessed levels. The lack of movement highlights a market grappling with subdued demand and cautious buying interest.
A similar pattern was evident in Asia, where ethylene prices also held steady. Assessments on Tuesday placed prices at USD 835-845/mt CFR North East Asia, with no changes reported from the previous day. Market players in the region indicated that balanced supply fundamentals and soft demand kept trading activity limited, leading to stable price outcomes.
The parallel stability in both the U.S. and Asian markets underscores the broader quiet phase in the global ethylene sector, as participants await clearer signals from downstream demand and potential shifts in feedstock trends.
