Since past few weeks crude price graph has fallen, which in turn has affected ethylene prices across the world.
Ethylene prices showed a descending trend for almost all the importing countries on September 10. Prices quoted for Asian, Far Eastern, European, and for The US market showed a steep plunge in comparison to the last week.
Ethylene prices in Asia region:
Ethylene, CFR Northeast Asia, at US $1250-1260 per metric ton.
Ethylene, CFR Southeast Asia, at US $1210-1220 per metric ton.
Ethylene prices in Far East region:
Ethylene, FOB South Korea, at US $1240 per metric ton.
Ethylene, FOB Japan, at US $1240 per metric ton.
Ethylene prices in Europe:
Ethylene, FD Northwest Europe, at Euro 995-1000 per metric ton.
Ethylene, CIF Northwest Europe, at US $1410-1420 per metric ton.
Price in the United States:
Ethylene, FAS Houston, at US cent 49.375-49.625 per pound.
Fibre2fashion News Desk - China
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