Ethylene Prices, Monitor, Analysis & Demand
North- America- Ethylene prices have experienced a mixed sentiment across the US market during the fourth quarter of 2023. During the initial of Q4 2023, Ethylene prices increased significantly due to limited material availability in the domestic market. The cost support from feedstock Ethane was sufficient as its prices settled on the higher side in the domestic market. In addition, demand for Ethylene from the downstream Ethylene oxide and Polyethylene industry has improved, which led to the bullish market sentiments of Ethylene among manufacturers. However, during November and December, Ethylene prices have inched lower in the domestic market. The feedstock Ethane prices have decreased amid weak demand from other industries which in turn led to the low production cost of Ethylene. In addition, demand for Ethylene from the downstream Polyethylene and Ethylene oxide industry has remained subdued amid the off-seasonal dullness along with macro-economic headwinds including hi...
