With the prices of crude sliding down ward, effects are quite evident on the down stream market. Even demand for the same in the international market has also gone down considerably.
However, prices of ethylene for most of the importing regions spiral up on January 21. Counties in Asia, Far East, Europe and the US showed a significant growth in comparison to prior week.
Ethylene prices in Asia region:
Ethylene, CFR Northeast Asia, at US $675-$685 per metric ton.
Ethylene, CFR Southeast Asia, at US $605-$615 per metric ton.
Ethylene prices in Far East region:
Ethylene, FOB South Korea, at US $615 per metric ton.
Ethylene, FOB Japan, at US $615 per metric ton.
Ethylene prices in Europe:
Ethylene, FD Northwest Europe, at Euro 465-470 per metric ton.
Ethylene, CIF Northwest Europe, at US $575-$585 per metric ton.
Price in the United States:
Ethylene, FAS Houston, at US cent 25.255-25.755 per pound.
Fibre2fashion News Desk - China
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