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Ethylene Price Trend and Forecast

UNSPC code: 15111504
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026

ethylene Price Trends by Country

usUnited States
deGermany
cnChina
saSaudi Arabia
jpJapan
arArgentina
beBelgium
nlNetherlands
qaQatar
krSouth Korea
trTurkey

Global ethylene Spot Market Prices, Trend Analysis and Forecast

Price Watch™ provides real-time price assessments and price forecasts for Ethylene across top trading regions:

Ethylene Regional Coverage  Ethylene Grade and Country Coverage  Ethylene Pricing Data Coverage Explanation 
Asia-Pacific Ethylene Pricing Analysis  Ethylene Industrial Grade (>99%) CIF Prices at Shanghai Port, China. Importing from South Korea  Weekly Price Update on Ethylene Industrial Grade (>99%) Real-Time Import Prices at Shanghai Port, China, from South Korea 
Ethylene Industrial Grade (>99%) FOB Prices at Tokyo Port, Japan  Weekly Price Update on Ethylene Industrial Grade (>99%) Real-Time Export Prices from Tokyo Port, Japan to Global Markets 
Ethylene Industrial Grade (>99%) FOB Prices at Busan Port, South Korea  Weekly Price Update on Ethylene Industrial Grade (>99%) Real-Time Export Prices from Busan Port, South Korea to Global Markets 
North America Ethylene Pricing Analysis  Ethylene Industrial Grade (>99%) FOB Prices at Houston Port, United States  Weekly Price Update on Ethylene Industrial Grade (>99%) Real-Time Export Prices from Houston Port, United States to Global Markets 
Europe Ethylene Pricing Analysis  Ethylene Industrial Grade (>99%) FD Prices at Rotterdam, Netherlands  Weekly Price Update on Ethylene Industrial Grade (>99%) Real-Time FD Prices at Rotterdam, Netherlands 
Ethylene Industrial Grade (>99%) FD Prices at Hamburg, Germany  Weekly Price Update on Ethylene Industrial Grade (>99%) Real-Time FD Prices at Hamburg, Germany 
Ethylene Industrial Grade (>99%) FD Prices at Antwerp, Belgium  Weekly Price Update on Ethylene Industrial Grade (>99%) Real-Time FD Prices at Antwerp, Belgium 
Ethylene Industrial Grade (>99%) CIF Prices at Mersin Port, Turkey. Importing from Saudi Arabia  Weekly Price Update on Ethylene Industrial Grade (>99%) Real-Time Import Prices at Mersin Port, Turkey, from Saudi Arabia 
Middle East Ethylene Pricing Analysis  Ethylene Industrial Grade (>99%) FOB Prices at Jeddah Port, Saudi Arabia  Weekly Price Update on Ethylene Industrial Grade (>99%) Real-Time Export Prices from Jeddah Port, Saudi Arabia to Global Markets 
Ethylene Industrial Grade (>99%) CIF Prices at Hamad Port, Qatar  Weekly Price Update on Ethylene Industrial Grade (>99%) Real-Time Import Prices at Hamad Port, Qatar 
South America Ethylene Pricing Analysis  Ethylene Industrial Grade (>99%) CIF Prices at Buenos Aires Port, Argentina. Importing from USA  Weekly Price Update on Ethylene Industrial Grade (>99%) Real-Time Import Prices at Buenos Aires Port, Argentina, from USA 


Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.

Ethylene Price Trend Q1 2026

During Q1 2026, ethylene price trend across global markets have exhibited a sharply bullish trend, driven primarily by geopolitical uncertainties surrounding the USA-Israel vs Iran conflict which have severely disrupted crude oil, ethane, and naphtha feedstock supply chains, elevated steam cracker production costs globally, and introduced acute supply chain stress across all monitored regions.

European markets including the Netherlands, Belgium, and Germany have recorded the most pronounced quarterly appreciation, exceeding 30%, as pre-existing elevated energy costs have been compounded by conflict-driven feedstock disruptions.

The USA and Argentina have posted firm quarterly gains driven by supply disruptions and export demand, while Asian and Middle Eastern markets have recorded more moderate quarterly increases that have accelerated sharply in March.

Japan has recorded the highest monthly appreciation in March at approximately 60.15%, followed closely by China, Qatar, Saudi Arabia, South Korea, and Turkey, all surging above 50% during the month.

The Ethylene price trend across all monitored regions has reflected the acute and accelerating influence of geopolitical supply chain stress and feedstock cost escalation throughout the quarter.

Argentina: Ethylene Imported prices CIF Buenos Aires from USA, Argentina, Grade- (Purity >99%)

According to Price-Watch™, in Q1 2026, Ethylene price in Argentina has recorded a firm increase of approximately 16.63%, reflecting the passthrough of rising US FOB prices into the Argentine import market as geopolitical uncertainties surrounding the USA-Israel vs Iran conflict have disrupted ethane and naphtha feedstock supply chains and elevated steam cracker production costs at the primary US supply origin.

The ethylene price trend in Argentina has been shaped by elevated origin-side costs that have transmitted progressively into CIF Buenos Aires import valuations, with steady downstream demand from petrochemical and polymer manufacturing sectors sustaining procurement activity despite sharply rising costs throughout the quarter.

Ethylene prices in Argentina have remained supported as import-dependent market dynamics have provided limited scope for cost mitigation amid firming US export pricing. In March 2026, Ethylene price in Argentina has surged sharply by around 38.46%, as intensifying geopolitical feedstock disruptions drove a sharp acceleration in US FOB pricing that transmitted forcefully into Argentine import market valuations during the month.

Belgium: Ethylene Domestically Traded prices FD Antwerp, Belgium, Grade-(Purity >99%)

In Q1 2026, Ethylene price in Belgium has recorded a sharp increase of approximately 31.22%, driven by the compounding effect of already elevated European energy costs further severely aggravated by geopolitical uncertainties surrounding the USA-Israel vs Iran conflict, which have driven sharp naphtha and ethane feedstock price increases and tightened ethylene production economics across the European steam cracker complex.

The ethylene price trend in Belgium has reflected a market where pre-existing energy cost burdens have left producers with minimal capacity to absorb additional feedstock cost shocks, resulting in a sharp and rapid transmission of upstream cost pressures into domestic FD Antwerp pricing throughout the quarter.

Ethylene prices in Belgium have remained firmly elevated as tightening European ethylene availability has supported producers in maintaining elevated pricing amid steady downstream demand from polymer and chemical sectors.

In March 2026, Ethylene price in Belgium has surged further by around 42.94%, as sustained geopolitical feedstock disruptions and elevated European energy costs continued to drive sharp upward pressure on domestic FD Antwerp pricing during the month.

China: Ethylene Imported prices CIF Shanghai from South Korea, China, Grade-(Purity >99%)

In Q1 2026, Ethylene price in China has recorded a moderate increase of approximately 6.95%, reflecting the gradual passthrough of firming South Korean FOB prices into the Chinese import market as geopolitical uncertainties surrounding the USA-Israel vs Iran conflict have progressively elevated naphtha feedstock costs and tightened ethylene extraction economics across regional steam cracker operations.

The ethylene price trend in China has been shaped by the measured transmission of South Korean export pricing into CIF Shanghai import valuations, with steady downstream demand from polyethylene, PVC, and chemical manufacturing sectors sustaining procurement activity throughout the quarter.

Ethylene prices in China have remained supported as consistent import procurement activity has sustained upward price momentum despite broadly adequate early-quarter availability.

In March 2026, Ethylene price in China has surged sharply by around 50.46%, as intensifying geopolitical feedstock disruptions drove a sharp acceleration in South Korean FOB pricing that transmitted forcefully into Chinese import market valuations during the month.

Germany: Ethylene Domestically Traded prices FD Hamburg, Germany, Grade-(Purity >99%)

In Q1 2026, Ethylene price in Germany has recorded a sharp increase of approximately 30.09%, as the market has absorbed the dual burden of pre-existing elevated electricity and natural gas costs further compounded by geopolitical uncertainties surrounding the USA-Israel vs Iran conflict, which have driven naphtha feedstock price increases and tightened ethylene production economics across the domestic and European steam cracker complex.

The ethylene price trend in Germany has reflected a market already under significant stress from persistently high energy costs, where the onset of conflict-driven feedstock disruptions has further compressed production margins and supported sharp upward pricing throughout the quarter.

Ethylene prices in Germany have remained elevated as downstream buyers from polymer, packaging, and chemical sectors have absorbed compounding cost increases amid tightening regional ethylene availability.

In March 2026, Ethylene price in Germany has surged further by around 42.69%, as sustained geopolitical feedstock cost pressures and elevated European energy costs drove a sharp acceleration in domestic FD Hamburg ethylene pricing during the month.

Japan: Ethylene Export prices FOB Tokyo, Japan, Grade- (Purity >99%)

In Q1 2026, Ethylene price in Japan has recorded a moderate increase of approximately 11.22%, driven by geopolitical uncertainties surrounding the USA-Israel vs Iran conflict which have elevated naphtha feedstock costs and compressed ethylene production economics across domestic steam cracker operations during the quarter.

The ethylene price trend in Japan has reflected gradually tightening production economics as upstream naphtha costs have risen alongside prevailing geopolitical uncertainties, supporting measured upward price movement in FOB Tokyo export pricing throughout the period.

Ethylene prices in Japan have remained supported by steady downstream demand from polyethylene and chemical manufacturing sectors, with export-oriented producers adjusting pricing in response to rising upstream cost burdens.

In March 2026, Ethylene price in Japan has recorded the highest monthly appreciation among all monitored markets, surging by around 60.15%, as cumulative naphtha feedstock cost escalation and intensifying geopolitical supply chain disruptions drove FOB Tokyo export pricing to significantly elevated levels during the month.

Netherlands: Ethylene Domestically Traded prices FD Rotterdam, Netherlands, Grade- (Purity >99%)

In Q1 2026, Ethylene price in the Netherlands has recorded the steepest quarterly appreciation among all monitored markets at approximately 32.31%, driven by the compounding effect of already elevated European energy prices further severely aggravated by geopolitical uncertainties surrounding the USA-Israel vs Iran conflict, which have driven sharp naphtha and feedstock price increases and tightened ethylene extraction availability across the European petrochemical complex.

The ethylene price trend in the Netherlands has reflected a market where pre-existing high energy costs have left producers with minimal capacity to absorb additional feedstock cost shocks, resulting in the most pronounced quarterly appreciation among all monitored regions.

Ethylene prices in the Netherlands have remained firmly elevated as tightening European ethylene availability has supported producers in maintaining elevated FD Rotterdam pricing amid sustained downstream demand throughout the quarter.

In March 2026, Ethylene price in the Netherlands has surged further by around 44.46%, as sustained geopolitical feedstock disruptions and elevated European energy costs continued to drive the sharpest upward price pressure among European domestic markets during the month.

Qatar: Ethylene Imported prices CIF Hamad from Saudi Arabia, Qatar, Grade- (Purity >99%)

In Q1 2026, Ethylene price in Qatar has recorded a moderate increase of approximately 8.90%, reflecting the passthrough of firming Saudi Arabian FOB prices into the Qatari import market as geopolitical uncertainties surrounding the USA-Israel vs Iran conflict have disrupted regional petrochemical feedstock supply chains and elevated ethylene production costs across Middle Eastern steam cracker operations.

The Ethylene price trend in Qatar has been shaped by the direct transmission of Saudi Arabian export pricing into CIF Hamad import valuations, with steady downstream demand from petrochemical and polymer manufacturing sectors sustaining procurement activity despite rising costs throughout the quarter.

Ethylene prices in Qatar have remained supported as regional geopolitical tensions have introduced supply chain caution and underpinned firmer import pricing throughout the period.

In March 2026, Ethylene price in Qatar has surged sharply by around 53.93%, as intensifying regional geopolitical tensions compounded Saudi Arabian FOB price escalation to drive acute upward pressure on CIF Hamad import pricing during the month.

Saudi Arabia: Ethylene Export prices FOB Jeddah, Saudi Arabia, Grade-Industrial (Purity >99%)

In Q1 2026, Ethylene price in Saudi Arabia has recorded a moderate increase of approximately 7.61%, as geopolitical uncertainties surrounding the USA-Israel vs Iran conflict have directly impacted regional crude oil and feedstock supply chains, elevating ethylene production costs across domestic petrochemical facilities despite Saudi Arabia’s advantageous integrated refinery and feedstock positions.

The Ethylene price trend in Saudi Arabia has reflected the complex interplay between elevated crude oil revenues supporting domestic feedstock availability and the broader regional supply chain stress introduced by the ongoing geopolitical conflict, which has supported firmer FOB export pricing throughout the quarter.

Ethylene prices in Saudi Arabia have remained supported by steady regional and international demand from polymer and chemical manufacturing sectors. In March 2026, Ethylene price in Saudi Arabia has surged sharply by around 51.86%, as intensifying geopolitical tensions in the Middle East drove acute feedstock cost escalation and sharp upward movement in FOB Jeddah export pricing during the month.

South Korea: Ethylene Export prices FOB Busan, South Korea, Grade- (Purity >99%)

In Q1 2026, Ethylene price in South Korea has recorded a moderate increase of approximately 7.16%, driven by geopolitical uncertainties surrounding the USA-Israel vs Iran conflict which have elevated naphtha feedstock costs and tightened ethylene extraction economics across domestic steam cracker operations during the quarter.

The Ethylene price trend in South Korea has reflected gradually firming production economics as upstream naphtha costs have risen alongside prevailing geopolitical supply chain uncertainties, supporting measured upward movement in FOB Busan export pricing throughout the period.

Ethylene prices in South Korea have remained supported by steady regional and international demand from polyethylene, PVC, and chemical manufacturing sectors, with export-oriented producers adjusting pricing in response to rising feedstock cost burdens.

In March 2026, Ethylene price in South Korea has surged sharply by around 52.27%, as cumulative naphtha feedstock cost escalation and intensifying geopolitical supply chain disruptions drove FOB Busan export pricing to significantly elevated levels during the month.

Turkey: Ethylene Imported prices CIF Mersin from Saudi Arabia, Turkey, Grade- (Purity >99%)

In Q1 2026, Ethylene price in Turkey has recorded a moderate increase of approximately 8.43%, reflecting the passthrough of firming Saudi Arabian FOB prices into the Turkish import market as geopolitical uncertainties surrounding the USA-Israel vs Iran conflict have disrupted regional petrochemical feedstock supply chains and elevated ethylene production costs across Middle Eastern origins feeding Turkish import channels.

The Ethylene price trend in Turkey has been shaped by the direct transmission of Saudi Arabian export pricing into CIF Mersin import valuations, with steady downstream demand from polymer, packaging, and chemical manufacturing sectors sustaining procurement activity despite rising import costs throughout the quarter.

Ethylene prices in Turkey have remained supported as regional geopolitical tensions have introduced supply chain caution and underpinned firmer import pricing throughout the period. In March 2026, Ethylene price in Turkey has surged sharply by around 53.09%, as intensifying regional geopolitical tensions compounded Saudi Arabian FOB price escalation to drive acute upward pressure on CIF Mersin import pricing during the month.

USA: Ethylene Export prices FOB Houston, USA, Grade- (Purity >99%)

In Q1 2026, Ethylene price in the USA has recorded a firm increase of approximately 16.32%, driven by geopolitical uncertainties surrounding the USA-Israel vs Iran conflict which have disrupted crude oil and ethane feedstock supply chains and elevated steam cracker production costs, alongside tightening domestic ethylene availability that has supported firmer FOB export pricing throughout the quarter.

The ethylene price trend in the USA has reflected a market where conflict-driven supply chain disruptions have compounded existing operational cost pressures, limited ethylene production output and supporting producers in maintaining elevated FOB Houston pricing amid steady domestic and export demand from polymer and chemical manufacturing sectors.

Ethylene prices in the USA have remained firmly elevated throughout the quarter as tightening supply conditions have provided sustained upward price momentum. In March 2026, Ethylene price in the USA has surged further by around 46.77%, as intensifying geopolitical feedstock disruptions and tightening domestic ethylene availability drove a sharp acceleration in FOB Houston export pricing during the month.

Ethylene Price Trend Analysis: Q4 2025

In Q3 2025, the global Ethylene market showed uneven performance across regions. Western markets demonstrated strong price gains, supported by strong downstream demand and supply constraints, while European regions experienced slight declines due to soft industrial consumption despite stable feedstock conditions. Asia-Pacific markets were mixed, with moderate increases in some areas countered by weakness in others amid competitive export dynamics.

Middle Eastern pricing remained largely stable, mirroring consistent supply and balanced demand. In general, the market stayed regionally balanced, underpinned by divergent regional demand trends, feedstock dynamics, and freight conditions. Regional supply chain fundamentals and disparate downstream consumption patterns continued to drive pricing during the quarter.

Argentina: Ethylene Import Price in Argentina from USA, >99% CIF Buenos Aires (USA).

In Q3 2025, Ethylene price in Argentina has recorded a strong upward trend, driven by robust domestic demand from Polyethylene and downstream chemical sectors. Import costs increased alongside higher Ethane feedstock pricing from the U.S. Gulf Coast, placing upward pressure on overall product pricing. Despite stable supply availability, freight and logistics costs added to the total expense. CIF Buenos Aires prices were between USD 500–610 per metric ton, reflecting a quarterly increase of 11.34%.

In September 2025, Ethylene prices in Argentina have surged by 12.48% from the previous month, underscoring strong demand momentum and limited supply flexibility. The Ethylene price trend in Argentina has stayed bullish, supported by consistent consumption in packaging, construction, and industrial goods manufacturing, while market activity stayed firm throughout the quarter.

Belgium: Ethylene Domestically Traded Price in Belgium, >99% FD Antwerp.

In Q3 2025, Ethylene price in Belgium has remained under slight downward pressure, reflecting soft demand from European polymer and chemical derivative industries. Polyethylene producers operated at reduced rates amid weak construction and automotive activity, keeping market sentiment cautious. FD Antwerp prices ranged between USD 800–900 per metric ton, marking a quarterly decline of 1.23%.

In September 2025, Ethylene prices in Belgium rose by 7.13% from the previous month, indicating tentative recovery sentiment in spite of subdued overall demand. The Ethylene price trend in Belgium has been shaped by stable local cracker output, moderate Naphtha feedstock fluctuations, and limited restocking by downstream converters. Overall, market conditions have stayed cautious, with pricing influenced by demand weakness more than supply constraints.

China: Ethylene Import Price in China from South Korea, >99% CIF Shanghai (South Korea).

In Q3 2025, Ethylene price in China has shown moderate gains in spite of an oversupplied domestic market. Import demand from South Korea remained steady, supported by healthy operating rates at downstream Ethylene glycol and Polyethylene plants. CIF Shanghai prices ranged between USD 790–840 per metric ton, reflecting a quarterly increase of 2.64%.

According to PriceWatch, in September 2025, Ethylene prices in China have declined by 2.28% from the last month, showing a softening buying interest amid ample local supply. The Ethylene price trend in China has been influenced by easing logistics costs, limited feedstock volatility, and domestic capacity expansions that continue to constrain strong price upside. Market balance is expected to remain tight, with near-term stability anticipated.

Germany: Ethylene Domestically Traded Price in Germany, >99% FD Hamburg.

In Q3 2025, Ethylene price in Germany has trended lower amid weak demand from key industrial sectors, including automotive and construction. Downstream Polyethylene converters maintained low operating rates, limiting offtake from domestic crackers. FD Hamburg prices ranged between USD 810–910 per metric ton, mirroring a quarterly decline of 1.73%.

In September 2025, Ethylene prices in Germany have risen by 6.43% from the previous month, suggesting temporary buyer interest amid constant oversupplies. The Ethylene price trend in Germany has been altered by steady supply and limited Naphtha cost support. Market sentiment remained cautious, with pricing under pressure due to weak industrial activity and subdued domestic consumption. The outlook has remained soft, pending stronger demand from the automotive and construction sectors.

Japan: Ethylene Export Price from Japan, >99% FOB Tokyo.

In Q3 2025, Ethylene price in Japan has declined due to weak regional demand and increased competition from Middle Eastern and Chinese suppliers. Domestic cracker operations remained stable, but export volumes were limited by softer buying interest from Northeast Asian buyers. FOB Tokyo prices ranged between USD 750–820 per metric ton, reflecting a quarterly decrease of 1.50%.

According to Price-Watch, in September 2025, Ethylene prices in Japan have declined by 3.75% from the last month, reflecting continued softening in regional export demand. The Ethylene price trend in Japan was shaped by flat Naphtha feedstock costs and competitive pricing strategies to secure export contracts. Overall, market sentiment has remained cautious, with limited near-term recovery expected in the export segment.

Netherlands: Ethylene Domestically Traded Price in Netherlands, >99% FD Rotterdam.

In Q3 2025, Ethylene price in Netherlands has shown slight weakness, reflecting subdued demand from downstream polymer and chemical sectors. Packaging and automotive applications remained soft, keeping market sentiment cautious. FD Rotterdam prices ranged between USD 780–870 per metric ton, marking a quarterly decline of 1.49%. In September 2025, Ethylene prices in Netherlands have risen by 7.39% from the previous month, indicating tentative buying activity amid stable supply.

The Ethylene price trend in Netherlands has been influenced by steady output from integrated petrochemical complexes and moderate Naphtha cost fluctuations. Overall, market conditions have remained restrained, with pricing pressure dictated primarily by weak regional consumption.

Qatar: Ethylene Import Price in Qatar from Saudi Arabia, >99% CIF Hamad (Saudi Arabia).

In Q3 2025, Ethylene price in Qatar has remained nearly flat, supported by stable supply from neighbouring Saudi Arabia and steady local demand. CIF Hamad prices stayed between USD 860–910 per metric ton, reflecting a marginal quarterly increase. In September 2025, Ethylene prices in Qatar went down by 2.36% from the previous month, signalling minor easing in market activity.

The Ethylene price trend in Qatar has been shaped by consistent feedstock availability from Gulf cracker complexes and steady procurement by Polyethylene and chemical derivative sectors. Overall, market conditions have remained balanced, with no major disruptions or cost pressures influencing pricing in the short term.

Saudi Arabia: Ethylene Export Price from Saudi Arabia, >99% FOB Jeddah.

In Q3 2025, Ethylene price in Saudi Arabia has remained stable, underpinned by consistent demand from Asian and European importers. Cracker operations across Jubail and Yanbu complexes continued at high rates, ensuring reliable supply. FOB Jeddah prices ranged between USD 760–820 per metric ton, mirroring a slight quarterly gain.

In September 2025, Ethylene prices in Saudi Arabia have gone done by 2.63% from the previous month, reflecting minor moderation in export pricing amid steady supply. The Ethylene price trend in Saudi Arabia has been influenced by fixed Ethane feedstock costs, providing cost advantage to domestic producers. As a whole, export volumes have remained stable, with market sentiment cautious but firm in global markets.

South Korea: Ethylene Export Price from South Korea, >99% FOB Busan.

In Q3 2025, Ethylene price in South Korea has gone up moderately due to tighter supply from planned maintenance and robust regional demand. Buyers from China and Southeast Asia increased procurement, supporting price recovery. FOB Busan prices ranged between USD 770–810 per metric ton, mirroring a quarterly increase of 3.32%. In September 2025, Ethylene prices in South Korea have eased by 2.72% from the previous month, indicating a slight moderation in momentum amid consistent inventory levels.

The Ethylene price trend in South Korea has been influenced by limited feedstock volatility and stable Crude Oil prices. Korean producers leveraged strong export momentum to maintain firm pricing, while market sentiment stayed generally positive, supported by consistent regional demand across downstream Polyethylene and chemical sectors.

Turkey: Ethylene Import Price in Turkey from Saudi Arabia, >99% CIF Mersin (Saudi Arabia).

In Q3 2025, Ethylene price in Turkey has showed slight softness, regardless of declining freight costs from the Middle East. Demand from downstream Polyethylene and textile sectors remained muted, limiting price recovery. CIF Mersin prices stayed between USD 820–880 per metric ton, reflecting a slight quarterly decline. In September 2025, Ethylene prices in Turkey have decreased by 1.99% from the previous month, reflecting cautious buying amid weak domestic consumption.

The Ethylene price trend in Turkey has been supported by consistent feedstock supply from Saudi Arabia and consistent import flows. Turkish converters kept conservative operating rates, aligning with subdued demand, while overall market sentiment remained cautious, with limited near-term upside expected in pricing.

United States: Ethylene Export Price from USA, >99% FOB Houston.

In Q3 2025, Ethylene price in USA has surged significantly due to strong domestic demand and supply constraints from planned cracker maintenance. Polyethylene producers increased operating rates, boosting offtake from Ethylene suppliers. FOB Houston prices ranged between USD 440–540 per metric ton, marking a substantial quarterly increase of 12.70%.

According to PriceWatch, In September 2025, Ethylene prices in USA have further risen by 14.22% from the previous month, highlighting tight supply conditions and continued bullish sentiment in the market.

The Ethylene price trend in USA has been supported by rising Ethane feedstock costs and active spot market activity. Overall, market conditions remained highly favourable for sellers, with strong demand across downstream Polyethylene and industrial sectors sustaining price momentum.

According to the PriceWatch, In Q2 2025, Ethylene prices in South Korea averaged USD 760.53 per metric ton at FOB Busan. This reflected a quarterly decline of -10.38% amid persistently weak demand and rising stock levels. In the United States, Ethylene prices averaged USD 434.33 per metric ton FOB Houston, posting a sharp fall of -29.58% from Q1.

The Ethylene price trend remained bearish across both Asia and North America, driven by poor downstream consumption and ample supply. In Northeast Asia, high cracker operating rates led to product oversupply, while downstream sectors such as polyethylene and MEG showed limited buying interest.

Competitive exports from the Middle East and Southeast Asia added further pressure to the regional Ethylene market. In the US, production remained steady, but weak domestic offtake and limited export traction created a supply overhang. Cost support from feedstocks like ethane and naphtha weakened as global crude oil values declined.

The Ethylene price chart showed a consistent downtrend across both markets, with no significant price corrections through the quarter. Storage availability in key ports remained sufficient, allowing producers to continue operations without major disruptions. Buyers remained cautious, and procurement activities were largely need-based.

Throughout Q2, the Ethylene market in both South Korea and the US saw increased seller competition, price undercutting, and minimal movement in contracted volumes. 

At the beginning of Q1 2025, the market underwent a slight improvement. Prices of Ethylene FOB Busan dropped to USD 848/MT, showing a –1.09% decrease from Q4. The drop was mainly due to slower restocking activity after the year-end surge and reduced buying from some export destinations.

Additionally, production remained stable across South Korean crackers, keeping the supply side well-covered. Despite the dip, the market remained healthy with consistent downstream activity and no major logistical disruptions. 

Ethylene Price Trend Analysis: Q4 2024

In Q4 2024, the Ethylene market showed slight signs of recovery. Prices of Ethylene FOB Busan rose to USD 857.67/MT, registering a +1.97% increase. This gain was supported by stronger seasonal demand in the packaging industry ahead of the holidays.

Several buyers replenished stocks, and a few planned maintenance activities in Northeast Asia tightened spot availability. Moreover, slight increases in upstream crude oil and naphtha prices added to the cost pressure, leading to firmer pricing for Ethylene. 

Q3 2024 remained largely steady in terms of pricing. Prices of Ethylene FOB Busan averaged at USD 841.11/MT, a minor dip of –0.07% compared to Q2. The market remained mostly balanced, with both supply and demand moving in sync. While domestic demand for film-grade polyethylene remained steady, export volumes did not show significant growth. The lack of major turnarounds or supply disruptions meant that the market stayed calm and prices moved within a narrow range throughout the quarter. 

In Q2 2024, the market reversed its trend, and prices of Ethylene FOB Busan declined to USD 841.67/MT, a –5.72% drop from Q1 2024. The fall came because of weaker-than-expected buying interest from China and Southeast Asia, where downstream operations slowed down due to high inventory levels. On the supply side, most plants were operating steadily, which added to the regional availability and exerted downward pressure on prices. Additionally, a drop in naphtha costs, Ethylene’s main feedstock, further pushed prices down. 

In Q1 2024, the Ethylene market in South Korea witnessed a modest improvement. Prices of Ethylene FOB Busan reached USD 892.78/MT, marking a +4.62% increase from the previous quarter. This upward movement was driven by stable demand from the packaging and plastics industries, especially polyethylene manufacturing. Many downstream sectors showed signs of revival after a quiet year-end in 2023. Additionally, unplanned maintenance at some regional crackers reduced availability in the market, which supported price gains during the quarter. 

Technical Specifications of Ethylene Price Trends

Product Description

Ethylene is a colourless, flammable gas with a sweet odor, primarily used as a key industrial chemical building block. It is one of the most important raw materials in the production of a wide range of products, including Polyethylene (PE), Ethylene oxide (EO), Ethylene glycol (EG), and Styrene. Ethylene is primarily produced through the steam cracking of hydrocarbons, such as Naphtha, and is often obtained as a byproduct of refining and natural gas processing. It plays a crucial role in the manufacturing of Plastics, Textiles, Automotive components, and chemical products, making it essential to a variety of industries, including packaging, construction, and automotive.

Identifiers and Classification:

  • CAS No – 74-85-1
  • HS Code – 290121
  • Molecular Formula – C₂H₄
  • Molecular Weight[g/mol] – 28.05 g/mol


Ethylene Synonyms:

  • Ethene
  • Ethylene Gas


Ethylene Grades Specific Price Assessment:

  • Purity >99%


Ethylene Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 25-30 MT
  • Packaging Type (Product & Country Specific): Tanker


Incoterms Referenced in Ethylene Price Reporting

Shipping Term  Location  Definition 
 FOB Houston  Houston, USA  Ethylene Export Price from USA 
 FOB Busan  Busan, South Korea  Ethylene Export Price from South Korea 
FOB Jeddah  Jeddah, Saudi Arabia  Ethylene Export Price from Saudi Arabia 
FOB Tokyo  Tokyo, Japan  Ethylene Export price from Japan 
CIF Buenos Aires (USA)  Buenos Aires, Argentina  Ethylene import price in Argentina from USA 
CIF Shanghai (South Korea)  Shanghai, China  Ethylene import price in China from South Korea 
CIF Hamad (Saudi Arabia)  Hamad, Qatar  Ethylene import price in Qatar from Saudi Arabia 
CIF Mersin (Saudi Arabia)  Mersin, Turkey  Ethylene import price in Japan from Saudi Arabia 
FD Antwerp  Antwerp, Belgium  Domestically Traded Ethylene price in Belgium 
FD Hamburg  Hamburg, Germany  Domestically Traded Ethylene price in Germany 
FD Rotterdam  Rotterdam, Netherlands  Domestically Traded Ethylene price in Netherlands 

*Quotation Terms refers to the quantity range specified for the Ethylene being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for Ethylene packing, ease of handling, transportation, and storage in industrial and commercial applications.


Key Ethylene Manufacturers

Manufacturer 
Dow chemicals 
SABIC (Saudi Basic Industries Corporation) 
Sinopec (China Petroleum & Chemical Corporation) 
ExxonMobil 
LyondellBasell 
INEOS 
Formosa Petrochemical Corporation 
Shell Chemicals 

Ethylene Industrial Applications

ethylene market share end use

Historically, several events have caused significant fluctuations in Ethylene prices

  • U.S.–China Trade Tariff Dispute (April 2025): 

In April 2025, the U.S. and China imposed steep tariffs up to 125% on a wide range of goods, including petrochemicals such as Ethylene and its derivatives. This disrupted global trade flows, increased costs for key downstream industries like plastics and packaging, and led to uncertainty in global supply chains. The result was price volatility, especially in Asia and North America. 

  • Russia-Ukraine War & Energy Crisis (2022–2023): 

The war in Ukraine triggered a major energy crisis in Europe, driving up natural gas and naphtha prices—both key feedstocks for Ethylene production. Many European crackers faced shutdowns or scaled-back operations due to high energy costs, tightening Ethylene supply across the region. This imbalance contributed to price spikes and redirected trade flows toward Asia and the U.S. 

  • Post-COVID Demand Surge (2021–2022): 

As global economies reopened after COVID-19 lockdowns, demand for consumer goods, construction materials, and packaging rebounded rapidly. Ethylene, a building block for polyethylene and other plastics, saw strong demand growth. However, supply was still recovering, especially in regions hit by earlier shutdowns, pushing prices higher across global markets. 

  • U.S. Gulf Coast Hurricane Disruptions (2020 & 2021): 

Multiple hurricanes—including Laura (2020) and Ida (2021)—hit the U.S. Gulf Coast, home to a large concentration of Ethylene crackers. These storms caused widespread plant shutdowns, port delays, and power outages, significantly reducing output. As a result, domestic Ethylene supply tightened, and prices surged both regionally and globally due to reduced exports. 

  • 2020 Oil Price Crash & Cracker Cutbacks: 

In early 2020, oil prices collapsed due to the COVID-19 pandemic and a brief price war between Saudi Arabia and Russia. The resulting economic slowdown led to reduced demand for plastics, causing many crackers—especially those using naphtha—to cut production. Ethylene prices initially fell but rebounded quickly as demand recovered later in the year, creating significant volatility. 

Why Price Watch™?

Price Watch™ is your trusted resource for tracking global ethylene price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the ethylene market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watch™ keeps you fully informed of market dynamics.

In addition, Price Watch™ provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With Price Watch™, you gain a competitive edge in understanding all the elements that influence ethylene prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely ethylene market data.

Track Price Watch's™ ethylene price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Ethylene Market Price Trend published by Price Watch™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watch™ assumes no liability for decisions taken based on this information.

The price of Ethylene is influenced by several key factors, including the cost of feedstocks such as crude oil, naphtha, and ethane, which vary by production region. Market dynamics such as supply-demand balance, plant operating rates, and unplanned shutdowns can significantly impact price fluctuations.

Additionally, global economic trends, energy prices, geopolitical developments, trade regulations, and shipping costs play critical roles. Since Ethylene is a cornerstone chemical used in producing polyethylene and other derivatives, changes in downstream industries—such as packaging, automotive, and construction—also affect pricing trends.

Global supply and demand shifts are directly reflected in Ethylene pricing. Rising demand from the plastics, construction, and consumer goods sectors can push prices upward, especially during times of limited supply or high production costs. Conversely, periods of oversupply—due to new capacity additions or weakened demand—can result in lower prices.

Factors like plant maintenance, outages, and inventory levels further contribute to volatility. To manage costs effectively, procurement professionals must monitor production forecasts, industry growth, and economic indicators that influence global consumption patterns.

Ethylene pricing varies significantly by region, driven by differences in feedstock economics, production methods, infrastructure, and local demand. For instance, North America often benefits from lower ethylene production costs due to abundant shale gas (ethane-based production), whereas regions like Asia may rely more on naphtha, making them more sensitive to crude oil price changes.

Europe, with older infrastructure, may experience tighter margins and more frequent supply constraints. Procurement teams should evaluate regional cost structures, logistics considerations, and trade dynamics to optimize sourcing strategies, ensure supply continuity, and minimize exposure to regional pricing volatility.

Ethylene is a colorless, flammable gas and the most widely produced organic compound in the world, serving as the fundamental building block for the petrochemical industry. Its price directly impacts the cost of plastics (polyethylene, PVC, polystyrene), synthetic fibers, antifreeze, packaging materials, pipes, automotive components, textiles, and countless consumer and industrial products, making ethylene pricing a critical factor for plastic manufacturers, chemical producers, and industries worldwide. Price-Watch™ tracks these prices to help businesses and consumers understand and stay updated with the market trends.

Ethylene prices vary by region and delivery basis. Prices are typically quoted per metric ton or per pound and change based on supply, demand, feedstock costs, and production capacity. Price-Watch™ provides real-time price assessments across different global markets to help buyers and sellers make informed decisions.

Ethylene prices fluctuate due to changes in feedstock costs (crude oil, naphtha, ethane, propane, and gas oil), energy price movements, steam cracker operating rates and production capacity utilization, and demand from polyethylene, ethylene oxide/glycol, ethylene dichloride/PVC, styrene, and other derivative producers. Cracker maintenance schedules and turnarounds, feedstock availability and flexibility, regional feedstock advantages (ethane vs.

naphtha economics), co-product values (propylene, butadiene, aromatics), transportation and logistics costs, seasonal demand patterns in packaging and construction sectors, capacity additions and plant expansions, trade policies and tariffs, and broader economic conditions further shape price trends, with recent outlooks reflecting volatility driven by energy costs, feedstock availability, derivative demand cycles, and global manufacturing activity.

The biggest buyers of Ethylene are polyethylene (PE) manufacturers producing HDPE, LDPE, and LLDPE plastics for packaging, films, containers, and pipes, representing approximately 50-60% of global ethylene demand. Additional major demand comes from ethylene oxide and ethylene glycol producers (for antifreeze, polyester, and PET bottles), ethylene dichloride/PVC manufacturers, styrene producers (for polystyrene and ABS plastics), ethylbenzene plants, linear alpha-olefins (LAO) manufacturers, vinyl acetate producers, and ethanol amine manufacturers. Price-Watch™ analyses demand patterns across all these industries.

Ethylene is primarily produced through steam cracking (pyrolysis) of hydrocarbon feedstocks including ethane, propane, naphtha, gas oil, and condensates at temperatures of 750-950°C. Light feeds like ethane yield higher ethylene concentrations, while heavier feeds like naphtha produce more co-products (propylene, butadiene, aromatics).

Alternative production methods include methanol-to-olefins (MTO), ethanol dehydration, and oxidative coupling of methane (emerging technology). It is produced in large-scale steam crackers operated by major petrochemical companies and integrated refineries worldwide.

Ethylene trade is more limited than many petrochemicals due to its gaseous nature, with most ethylene consumed near production sites through pipeline networks. However, ethylene derivatives (polyethylene, ethylene glycol, etc.) are heavily traded globally. The United States, particularly the U.S. Gulf Coast with abundant low-cost ethane from shale gas, is among the world’s largest producers with growing export capacity via ethylene export terminals. Middle Eastern countries including Saudi Arabia, UAE, and Qatar with access to cheap ethane are major producers and derivative exporters.

Asian producers in China, South Korea, Taiwan, Singapore, and Thailand, along with European producers in Germany, Belgium, and the Netherlands, serve regional markets. Ethylene itself is primarily traded via dedicated pipelines, with limited seaborne trade in specialized ethylene carriers or as LPG-range ethane for cracking. Price-Watch™ tracks production levels, regional balances and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Supply generally matches demand, but regional shortages can occur due to steam cracker shutdowns, feedstock constraints, extreme weather events, transportation problems, or sudden spikes in polyethylene and derivative production. Planned and unplanned cracker turnarounds, particularly during peak maintenance seasons, can temporarily tighten regional markets.

Feedstock availability issues (ethane shortages, naphtha supply disruptions) can also constrain production. Price-Watch™ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

Ethylene prices vary based on purity specifications, delivery method, and contract structure. Industrial-grade ethylene (typically 99.5%+ purity for polymer-grade and chemical synthesis applications) is the standard commercial specification widely traded for polyethylene production, ethylene oxide, and other derivatives, meeting industry requirements for catalytic polymerization and chemical processes. Most ethylene is sold as polymer-grade or chemical-grade material with specifications controlling methane, ethane, acetylene, sulfur, and other impurities that could affect downstream processes.

Higher-purity grades (99.9%+ purity) with ultra-low impurity levels command premium prices for specialty applications or particularly sensitive processes. Pricing varies significantly based on delivery terms (pipeline supply, pressurized railcar, marine shipment in specialized carriers, cryogenic storage), contract structures (spot, short-term, long-term), and geographic location. Regional price differentials reflect transportation costs and local supply-demand balances. Price-Watch™ provides separate price assessments for different delivery bases and regional markets to ensure market transparency.

When Ethylene demand rises quickly, often due to increased polyethylene production, strong packaging demand, construction activity, or derivative plant expansions, prices typically increase. Suppliers may prioritize long-term contract customers and pipeline-connected consumers, while those dependent on trucked or railed supply may face tighter availability, allocation, longer lead times, or significant premium pricing.

Production flexibility is constrained by cracker turnaround schedules, feedstock availability, and the time required to adjust operating rates or restart idled capacity. Price-Watch™ captures these market dynamics in real-time.

Energy and feedstock costs are the dominant factors in Ethylene pricing. When crude oil, naphtha, ethane, natural gas, or electricity prices rise, cracker operating costs increase dramatically, making ethylene more expensive. Steam cracking is one of the most energy-intensive processes in the chemical industry, requiring massive amounts of heat, steam, and power.

Ethylene pricing closely correlates with feedstock benchmarks (WTI/Brent crude for naphtha crackers, natural gas prices for ethane crackers) and regional energy costs. This is why regions with access to low-cost feedstocks (U.S. shale gas ethane, Middle East associated gas) have significant cost advantages, a relationship that Price-Watch™ analyses in its price assessments & market reports.

Ethylene prices vary significantly by region based on local cracker capacity and technology, feedstock availability and costs (ethane vs. naphtha economics create major regional differences), energy prices, pipeline infrastructure and connectivity, transportation and logistics capabilities, downstream derivative industry concentration, import/export infrastructure (limited due to ethylene’s gaseous nature), contract structures and pricing mechanisms, and regional supply-demand balances.

Ethane-advantaged regions (U.S., Middle East) typically have lower costs than naphtha-based regions (Europe, Asia), though local supply-demand dynamics can override feedstock economics. Price-Watch™ tracks prices across all major regions to highlight these differences.

The Ethylene market outlook depends on factors such as crude oil and feedstock price trends (ethane, propane, naphtha), natural gas and energy costs, steam cracker operating rates and capacity utilization, planned and unplanned turnaround schedules, capacity additions (particularly ethane crackers in U.S. and Middle East), polyethylene and derivative demand growth, packaging industry trends, construction and automotive sector activity, feedstock availability and allocation, ethane export infrastructure development, trade flows and regional arbitrage dynamics, co-product values (propylene, butadiene), circular economy and plastics recycling developments, and macroeconomic indicators affecting consumer goods, packaging, and construction sectors. Price-Watch™ regularly publishes detailed forecasts that project price movements for the next 12 months based on comprehensive analysis of supply additions, demand growth in key industries, seasonal patterns, and macroeconomic indicators. Our forecasts help businesses anticipate market conditions and plan accordingly.

Absolutely. Accurate forecasting allows you to time your purchases better, negotiate contracts more effectively, and budget more accurately. If Price-Watch™ forecasts predict a price increase in three months, you might choose to secure supply now or lock in long-term contracts at current rates, potentially saving thousands or millions of dollars depending on your consumption volumes.

Events like natural disasters (hurricanes affecting U.S. Gulf Coast), cracker accidents, feedstock supply disruptions, extreme cold weather (Winter Storm Uri in 2021 severely impacted U.S. production), planned and unplanned turnarounds, geopolitical tensions affecting crude oil and natural gas markets, pipeline or port disruptions, trade disputes, pandemic-related demand shocks, or economic downturns affecting packaging and construction sectors can cause supply shortages and price spikes.

Hurricane impacts on Gulf Coast petrochemical complexes, major cracker outages in Asia or Europe, ethane supply constraints, Middle East tensions, and force majeure declarations at production facilities, for instance, have created significant market volatility. Price-Watch™ provides timely alerts when such events affect the market.

Price-Watch™ collects data from manufacturers, distributors, and buyers worldwide to publish regular price assessments, market reports, and forecasts. Our transparent methodology and comprehensive coverage make us a trusted source for understanding fair pricing and market trends in the Ethylene industry, covering industrial-grade polymer specifications across multiple delivery bases, contract structures, and regional markets worldwide.

Access Real-Time Ethylene Price Trends
Access Real-Time Ethylene Price Trends