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Ethylene prices happen to be on the agency footing throughout the German sector throughout the initially quarter of 2024 to the back again of higher upstream expenditures and logistics snarls that curtailed import substance circulation. the price aid from feedstock Naphtha charges was adequate on Ethylene as its rates settled on the upper close in

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immediately after achieving an yearly higher of all around 1250-1300 USD per Mt in the course of Q2 within the post-deep freeze time period when quite a few refineries were being either compelled to shut down or declare drive majeures, place Ethylene prices had arrived at to fifty five% in the Q2 peak and had settled at 765 USD per Mt FOB Houston i

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