Commodity Market Report
Ethylene global monthly market overview January 2021
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Report summary
Global ethylene prices continued to rise through early January on surging derivative demand but softened by the end of the month. Supply began to return to production in the Asian market, while the US operating rates European margins both surged to 12 month highs. Global demand from derivatives continues to remain strong, but as lockdowns continue in Europe and begin in Asia, how long will the elevated margins continue? Please see our first report of 2021 for our commentary and outlook.
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