Asian Ethylene: South Korean cargo trades lift weekly FOB assessment / FOB Korea ethylene rises $20/mt to $1,160 / Two November cargoes trade at parity / Naphtha drops $11.75/mt; ethylene holds

Oct 17, 2026

ethylene CFR Northeast Asia at $1,160/metric ton Oct. 16, unchanged from the previous close, amid thin fresh buying and selling discussions. CFR Southeast Asia was also steady at $1,100/mt, with market fundamentals little changed. The weekly FOB Korea assessment rose $20/mt to $1,160/mt. There were two November-loading cargoes heard traded at parity to the November CFR Northeast Asia reference price: one of more than 4,000 metric tons for loading during the month and a 3,500-mt cargo for first-half November loading. Upstream, naphtha C+F Japan was indicated at $976.25/mt in the afternoon, down $11.75/mt from the previous close of $988/ mt. The softer feedstock indication contrasted with steady spot ethylene prices in Northeast and Southeast Asia, suggesting a wider indicative ethylene- naphtha spread. Details of Wanhua’s buy tender for November-December arrival...

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