Crude oil and naphtha prices fell factors

This year, the high point of the Asian ethylene monomer in the end of February, but because of a shortage of supply in Europe, so the Asian ethylene began to catch on, vendors have fought in Europe, leading to supply inflows into Asia tense situation, thus creating a high point of the year. After a brief shortage
of mid-March, the early stage of the supply in Asia gradually increased, weak downstream demand, and guide U.S. ethylene prices fell. On the other hand, the international crude  oil expeller and by the upstream naphtha fell factors, poor
profitability of downstream polyethylene products, buyers and sellers trading enthusiasm generally not high, also contributed to the decline in ethylene monomer.
Recent Asian ethylene market sentiment dull side,  oil refinery  differences between buyers and sellers, resulting slowdown in Northeast Asia to discuss the latest Northeast vinyl monomer quote $ 1,225 / ton, Southeast Asia, $ 1,260 / ton. It is learned that the buyer upset at $ 1,200 / ton below, and some buyers have to shift attention to the price to Hong Kong after July, so do not rule out the latter ethylene prices float down.