Polymer Feedstocks Trading Steadily as Market Remains Balanced
According to market reports:
CFR South East Asia ethylene is holding steady at US $865–875/tonne.
FOB Korea ethylene is priced at US $735–745/tonne, and FOB Japan at US $730–740/tonne, both unchanged from last week (a slight drop from earlier assessments)
The stability stems from several factors:
Ample Imports: Southeast Asian markets are seeing a healthy influx of deep-sea cargoes from the Middle East, helping sustain availability
Muted Demand: Downstream sectors showed little buying activity recently, with many users having covered their needs ahead of the Labour Day holida
Producers Holding Prices: Sellers are sticking to their price levels despite the rising supply, contributing to the overall steadiness in the mark
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