Ethylene prices in the United States moved lower on Monday as market activity reflected deals concluded at reduced levels. An industry source in the US told a Polymerduniya team member that trading momentum slowed, with buyers and sellers agreeing on lower settlements, pushing prices down for the week. Assessments placed ethylene at 21.50–22.00 cents/lb FD US Gulf, reflecting a drop of 0.50 cents/lb from last Friday’s levels. The decline highlighted ongoing concerns over muted downstream demand and steady supply conditions, which together created downward pressure on spot values.
In contrast, Asia’s ethylene market firmed at the start of the week. Prices were assessed at USD 835–845/mt CFR North East Asia on Monday, a gain of USD 10/mt compared to the previous Friday. The increase was attributed to stronger regional buying interest and tighter availability in some markets, which provided support for a firmer pricing sentiment. Market participants in Asia noted that the upward movement underscored continued demand from downstream sectors, setting a different tone from the softer US market dynamics.
