TITLE

Ethylene slump: the worst is yet to come

AUTHOR(S)
Darni, Nurul; Brice, Andy
PUB. DATE
November 2006
SOURCE
ICIS Chemical Business;11/6/2006, Vol. 1 Issue 42, p33
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Asian ethylene prices may have been sliding over the past few weeks after peaking in September 2006, but many agree that prices have yet to hit rock bottom. A few emergency sales of ethylene on the spot market were said to have hit as high as $1,180/tonne CFR northeast Asia for November arrival cargoes last month, although recent spot transactions have mostly declined to $1,100-1,120/tonne.
ACCESSION #
23158356

 

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