[hot] Gade chemical network daily recently estimated the Asian ethylene supplier, Asian ethylene spot prices after the recent rise, will continue to receive support in the short term, because replenishment activities will drive demand, in addition to the fourth quarter number of ethylene plant will be planned maintenance.

Asian ethylene market closing price rose, northeast of CFR closing price unchanged, at $879-881 / ton, Southeast Asia CFR closing price rose $5 / ton, to close at $854-856 / ton. For a public holiday in South Korea and Taiwan, trading market is slow, the industry will return to Taiwan city on Tuesday, South Korea market industry will return on Wednesday. Chinese market in October 1st 7 due to a national holiday, Asian ethylene market trading activities this week may remain limited.

Many buyers are skeptical of ethylene market prices continued to rise. They said, the market will continue to face uncertainty, because at this challenging macroeconomic environment, the downstream demand and crude oil futures trend is uncertain. Some people worry that the downstream product prices may drop, which may limit ethylene prices rebound.