Ethylene continued to show a weak trend as prices for all regions dropped, considerably. On October 10 the rates recorded a huge plunge as compared to mid-September, especially due to increasing supply and inadequate demand from end users.
Asia region ethylene prices:
Ethylene, CFR Northeast Asia, at US $1200-1205 per metric ton
Ethylene, CFR Southeast Asia, at US $1225-1235 per metric ton
Far East region ethylene prices:
Ethylene, FOB Korea, at US $1210 per metric ton
Ethylene, FOB Japan, at US $1205 per metric ton
Europe ethylene prices:
Ethylene, FD Northwest Europe, at Euro 979-984 per metric ton
Ethylene, CIF Northwest Europe, at US $1360-1365 per metric ton
Fibre2fashion, News Desk - China