Platts Global Ethylene Price Index 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. The chart above shows the daily end-of-day Platts Global Ethylene Price Index price in red and also displays the 20-day moving average in blue. Ethylene prices posted large gains in January, climbing 10% to $1,382 per metric ton (/mt), according to the just-released monthly average of the Platts Global Petrochemical Index (PGPI), a benchmark basket of seven widely used petrochemicals. The price increase was attributed to supply tightness, caused by planned and unplanned maintenance at steam crackers, which produce ethylene. Next chart: Platts Global Propylene Price Index
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.
The chart above shows the daily end-of-day Platts Global Ethylene Price Index price in red and also displays the 20-day moving average in blue.
Ethylene prices posted large gains in January, climbing 10% to $1,382 per metric ton (/mt), according to the just-released monthly average of the Platts Global Petrochemical Index (PGPI), a benchmark basket of seven widely used petrochemicals.
The price increase was attributed to supply tightness, caused by planned and unplanned maintenance at steam crackers, which produce ethylene.
Next chart: Platts Global Propylene Price Index
Global Petrochemical Prices Rose 6% in January on Tight Olefins Supplies
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