Ethylene prices for most regions recorded a considerable rise on January 16, as compared to last week. While on January 9, quotations for Northeast Asia stood around US $1300-1310 per metric ton, yesterday they had climbed to US $1380-1390 per metric ton.
However, for Europe the rates registered a drop from last week's Euro 1010.00-1015.00 per metric ton, settling around the range of Euro 995-1000 per metric ton.
Market express of ethylene prices on Jan 16
Asia region ethylene prices:
Ethylene, CFR Northeast Asia, at US $1380-1390 per metric ton
Ethylene, CFR Southeast Asia, at US $1360-1370 per metric ton
Far East region ethylene prices:
Ethylene, FOB Korea, at US $1395 per metric ton
Ethylene, FOB Japan, at US $1395 per metric ton
Europe ethylene prices:
Ethylene, FD Northwest Europe, at Euro 995-1000 per metric ton
Ethylene, CIF Northwest Europe, at US $ 1440-1445 per metric ton
Fibre2fashion, News Desk - China
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