Spot ethylene in Europe gains on support from rising naphtha, Asian markets, strong demand

European ethylene prices further extended their gains this week, finding support from Asian markets, a sharp rise in naphtha costs and generally strong demand, as per Platts. Ethylene spot prices were assessed at Eur 1030-1035/mt (US$1263-1269) FD NWE Thursday, up from last Friday, when prices were assessed at Eur 1010-1015/mt FD NEW.
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