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Ethylene prices witness a significant dip on July 23
24
Jul '08
Ethylene prices showed a descending trend for almost all the importing countries on July 23. Prices quoted for Asian, Far East, European and American market indicated a substantial plunge compared to the previous week.

Ethylene prices in Asia region:

Ethylene, CFR Northeast Asia, at US $1630-1640 per metric ton.
Ethylene, CFR Southeast Asia, at US $1650-1660 per metric ton.

Ethylene prices in Far East region:

Ethylene, FOB South Korea, at US $1650 per metric ton.
Ethylene, FOB Japan, at US $1650 per metric ton.

Ethylene prices in Europe:

Ethylene, FD Northwest Europe, at Euro 1214.00-1218.00 per metric ton.
Ethylene, CIF Northwest Europe, at US $ 1826.00-1836.00 per metric ton.

Price in the United States:

Ethylene, FAS Houston, at US cent 59.500-59.750 per pound.

Fibre2fashion News Desk - China

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