Market talks have it that ethylene prices have broken below a new threshold level on April 21. As stated to SSESSMENTS.COM, currently ethylene prices are available at $200/ton-level on CFR Northeast Asia and Southeast Asia basis. The crude oil prices dipped into below $0/ton-level on April 20 settlement, and has triggered ethylene prices to fall from $300/ton-level to $200/ton-level.
RumourSSESSMENTS are the stories and information that market players heard and asked SSESSMENTS’ Team to Verify. Often, this information is correct, and sometimes incorrect, something we conclude after the full verification process. However, while waiting for the complete verification process to complete, we wish our customers to be aware of all the stories and rumours in the market. The status for all RumourSSESSMENTS will be updated upon verification process, when the regular SSESSMENTS sections will be updated with the verified information as well.
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