Related Keywords: daily textile prices, ethylene naphtha spread, Ethylene prices in Asia, Ethylene prices in Europe, Ethylene prices in US, naphtha prices in Asia, naphtha prices in Europe, naphtha prices in US
In April 2015, Asian ethylene-naphtha spread hit a record high amid bullish ethylene markets. The spread jumped US$193 during the month on an average as ethylene prices were under pressure of tight supplies. The CFR Northeast Asia ethylene marker averaged US$1,368-1,370 a ton while the Southeast marker averaged US$1,423-1,425 a ton, both increasing US$214-240 on the month. The spread was over and above the US$269 a ton recorded in March.
