Ethylene Price Trend: Asia Market Weakens

Asian Ethylene: Bearish on growing supply, weak demand / Buying and selling indications fall week over week / China’s Wanhua Chemical achieves on-spec ethylene production

Jun 04, 2026

Sentiment in the Asian ethylene markets was bearish in the week to Jan. 9, with several participants citing amid growing supply and weak demand. The February supply of ethylene is expected to be long, with market sources pointing to some ongoing and upcoming derivative turnarounds in Northeast Asia that will decrease ethylene demand, increased ethylene production in China due to new cracker startups, and the arrival of some deep-sea shipments expected in February. Buying indications were heard at $700-$720/mt CFR Northeast Asia in the week, with some firm bids heard at $700-$710/mt. No deals were reported, as sellers remained cautious on upstream uncertainties. In the FOB Korea markets, selling indications were heard at discounts of $37-$45/mt over CFR NE Asia, as production in Korea remained at reduced rates. Buying indications...

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