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Ethylene prices for Asian region see a steep plunge

18
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 17. Prices quoted for Asian, Far Eastern, European, region shows a descending trend where as for the US market a rise is evident in comparison to last week.

Ethylene prices in Asia region:

Ethylene, CFR Northeast Asia, at US $1120-1130 per metric ton.
Ethylene, CFR Southeast Asia, at US $1110-1120 per metric ton.

Ethylene prices in Far East region:

Ethylene, FOB South Korea, at US $1120 per metric ton.
Ethylene, FOB Japan, at US $1120 per metric ton.

Ethylene prices in Europe:

Ethylene, FD Northwest Europe, at Euro 965-970 per metric ton.
Ethylene, CIF Northwest Europe, at US $1320-1330 per metric ton.

Price in the United States:

Ethylene, FAS Houston, at US cent 57.275-57.500 per pound.

Fibre2fashion News Desk - China


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