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Ethylene prices for all region slump

11
Sep '08
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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