On June 11, Ethylene prices showed a rising trend for almost all the importing countries. Prices quoted for Asian, Far Eastern regions as well as for the United States, experience a shoot up compared to the earlier week.
Ethylene prices in Asia region:
Ethylene, CFR Northeast Asia, at US $1550-1560 per metric ton.
Ethylene, CFR Southeast Asia, at US $1500-1510 per metric ton.
Ethylene prices in Far East region:
Ethylene, FOB South Korea, at US $1555 per metric ton.
Ethylene, FOB Japan, at US $1545 per metric ton.
Prices in the United States:
Propylene (refining level) FAS Houston at US cent 72.250-72.500 per lb.
Ethylene, FD US Gulf, at US cent 62.375-62.625 per pound.
Fibre2fashion News Desk - China