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Ethylene prices continue downward trend
25
Sep '08
Ethylene prices continued to show declining trend on September 24, with prices for most regions dropping significantly as compared to last week. Experts say that the slow-down in ethylene prices is as a result of fall in crude oil prices.

Ethylene prices in Asia region:

Ethylene, CFR Northeast Asia, at US $1090-1100 per metric ton
Ethylene, CFR Southeast Asia, at US $1090-1100 per metric ton

Ethylene prices in Far East region:

Ethylene, FOB South Korea, at US $1050.0 per metric ton
Ethylene, FOB Japan, at US $1050.0 per metric ton

Ethylene prices in Europe:

Ethylene, FD Northwest Europe, at Euro 920-925 per metric ton
Ethylene, CIF Northwest Europe, at US $1271-1281 per metric ton

Prices in the United States:

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

Fibre2fashion News Desk - China

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