Limited availability supports higher Asian MEG prices

MEG prices moved up in Asia in the last week due to limited product availability in the region.

In SE Asia, average prices improved by US$ 50/ton and quoted at US$ 895/ton in the last week, a jump of 5.92 per cent compared to previous week.

In India, average prices inched higher by US$ 50/ton and assessed US$ 895/ton in the last week, a hike of 5.92 per cent over the previous week.

In China, average prices stepped up by US$ 45/ton and quoted at US$ 880/ton in the last week, an increase of 5.39 per cent compared to previous week.

ALCHEMPro News Desk – India