Related Keywords: ethylene prices, naphtha price in asia, naphtha price in Europe, naphtha price in USA, paraxylene prices, petrochemical prices, Polyester pricing
Watching the fall in polyester chain for about a year now, one segment which has apparently escaped the trend is the ethylene chain including its derivative mono ethylene glycol segment. Crude oil prices had peaked in June 2014 and started their downward journey thereafter. Many factors were responsible for their fall, with supply glut being an important one.