Ethylene is the simplest member of the olefinic hydrocarbon series and one of the most important raw materials of the organic chemical industry. Prices on February 28, 2007 stood as follows:-
Asia region ethylene prices:
CFR Northeast Asia at US $1115-1125 per metric ton. CFR Southeast Asia at US $1220-1230 per metric ton.
Far East region ethylene prices:
FOB Korea at US $1055 per metric ton. FOB Japan at US $1045 per metric ton.
Europe ethylene prices:
FD Northwest Europe at Euro 965-975 per metric ton. CIF Northwest Europe at US $1250-1260 per metric ton.
Fibre2fashion.com News Desk-China
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