Ethylene slump: the worst is yet to come

Darni, Nurul; Brice, Andy
November 2006
ICIS Chemical Business;11/6/2006, Vol. 1 Issue 42, p33
Trade Publication
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.


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