On May 7, Ethylene prices showed a rising trend for almost all the importing countries. Prices quoted for Asian and European regions skyrocketed where as for the United States, the same remained stable, compared to the earlier week.
Ethylene prices in Asia region:
Ethylene, CFR Northeast Asia, at US $1440-1450 per metric ton. Ethylene, CFR Southeast Asia, at US $1410-1420 per metric ton.
Ethylene prices in Europe:
Ethylene, FD Northwest Europe, at Euro 1005.00-1009.00 per metric ton. Ethylene, CIF Northwest Europe, at US $ 1455.00-1465.00 per metric ton.
Ethylene prices in the United States:
Ethylene, FD US Gulf, at US cent 51.8-52.0 per pound.