Though ethylene prices on May 22 for Northeast Asia remained stable, that for Southeast regions recorded a significant hike. However, rates for Europe fell slightly as compared to last week.
Asia region ethylene prices:
Ethylene, CFR Northeast Asia, at US $1190-1200 per metric ton
Ethylene, CFR Southeast Asia, at US $1250-1260 per metric ton
Far East region ethylene prices:
Ethylene, FOB Korea, at US $1160 per metric ton
Ethylene, FOB Japan, at US $1150 per metric ton
Europe ethylene prices:
Ethylene, FD Northwest Europe, at Euro 895-905 per metric ton
Ethylene, CIF Northwest Europe, at US $1190-1200 per metric ton