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Downward trend prolongs in Ethylene market

10
Oct '08
Ethylene prices continued its declining trend on October 8, with prices for most importing regions showing a significant drop as compared to last week. Experts say that the slow-down in ethylene prices is the result of fall in crude oil prices.

Ethylene prices in Asia region:

Ethylene, CFR Northeast Asia, at US $950-$960 per metric ton.
Ethylene, CFR Southeast Asia, at US $950-960 per metric ton.

Ethylene prices in Far East region:

Ethylene, FOB South Korea, at US $950 per metric ton.
Ethylene, FOB Japan, at US $940 per metric ton.

Ethylene prices in Europe:

Ethylene, FD Northwest Europe, at Euro 845-850 per metric ton.
Ethylene, CIF Northwest Europe, at US $1150-1160 per metric ton.

Price in the United States:

Ethylene, FAS Houston, at US cent 48.250-48.500 per pound.

Fibre2fashion News Desk - China


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