Ethylene prices continued to show declining trend on September 24, with prices for most regions dropping significantly as compared to last week. Experts say that the slow-down in ethylene prices is as a result of fall in crude oil prices.
Ethylene prices in Asia region:
Ethylene, CFR Northeast Asia, at US $1090-1100 per metric ton
Ethylene, CFR Southeast Asia, at US $1090-1100 per metric ton
Ethylene prices in Far East region:
Ethylene, FOB South Korea, at US $1050.0 per metric ton
Ethylene, FOB Japan, at US $1050.0 per metric ton
Ethylene prices in Europe:
Ethylene, FD Northwest Europe, at Euro 920-925 per metric ton
Ethylene, CIF Northwest Europe, at US $1271-1281 per metric ton
Prices in the United States:
Ethylene, FAS Houston, at US cent 59.500-59.750 per pound
Fibre2fashion News Desk - China