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
marketing@alchempro.com
