Ethylene price continued to rise rapidly and May 16 recorded a huge leap from last week's rates.
Market express of ethylene prices on May 16
Asia region ethylene prices:
Ethylene, CFR Northeast Asia, at US $1190-1200 per metric ton
Ethylene, CFR Southeast Asia, at US $1240-1250 per metric ton
Far East region ethylene prices:
Ethylene, FOB Korea, at US $1150 per metric ton
Ethylene, FOB Japan, at US $1130 per metric ton
Europe ethylene prices:
Ethylene, FD Northwest Europe, at Euro 910.00-914.00 per metric ton
Ethylene, CIF Northwest Europe, at US $1210.00-1215.00 per metric ton
Fibre2fashion, News Desk - China