Platts Global Petrochemical IndexA Platts.com News & Analysis Feature
A key ingredient to polyethylene, the most widely used plastic in textiles and polyvinyl chloride (PVC), widely used in construction for window frames, water pipes, garden furniture and packaging.
Global ethylene prices tumbled 17% in December to $978 per metric ton (/mt), from $1,177/mt in November, according to the just-released PGPI data expressed as a monthly average.
Ethylene prices were trending down with decreasing naphtha prices.
Platts Global Polyethylene Index
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