Ethylene, one of the most important raw materials in textiles and organic chemical industry, is the simplest member of the olefinic hydrocarbon series. Ethylene production in China is growing, however since the market is also surging rapidly, the supply-demand gap is continuously expanding.
Asia region ethylene prices December 28:
Ethylene, CFR Northeast Asia, at US $1199-1200 per metric ton
Ethylene, CFR Southeast Asia, at US $1230-1240 per metric ton
Europe ethylene prices:
Ethylene, FD Northwest Europe, at Euro 1005-1010 per metric ton
Ethylene, CIF Northwest Europe, at US $ 1420-1430 per metric ton
Fibre2fashion, News Desk - China