US ethylene spot prices slipped last week, weighed down by reduced August offers, limited transactions, and falling crude oil values.
A US-based industry source told Polymerduniya that the widening price gap between regions reflects uneven supply and demand trends across the country. Weak demand from downstream sectors, including packaging and construction, further contributed to the bearish sentiment.
Despite the current softness, market players anticipate a potential shortage in the coming months as export volumes to Europe rise.
On Friday, ethylene spot prices were assessed at 25.00–25.50 cents/lb FD US Gulf, down 1.00 cent/lb from the prior week.
In Asia, ethylene prices held steady at USD 815–825/mt CFR North East Asia.
In the US contract market, July 2025 ethylene settled at 32.25 cents/lb, up 1.50 cents/lb from June 2025 levels.