According to Platts News, Singapore, January 9, statistics from Standard & Poor's Global Platts show that the price difference between ethylene and naphtha in Asia rose $ 1.87 per tonne from last Friday on Monday, leading to both The difference between the price reached 802.5 US dollars per ton, which is October 2, 2017 price difference of 807.38 US dollars per ton since the highest spread level.
The spread is well above the breakeven point of $ 350 a tonne.
Statistics from Platts show ethylene prices in CFR Northeast Asia are estimated to stabilize at $ 1,405 a tonne last Friday, the highest level since June 19, 2015, at $ 1,410 a metric tonne.
CFR Japan naphtha prices on Monday were assessed at $ 602 per tonne, down $ 1.88 per tonne from last Friday.