Home breadcru News breadcru Petrochemicals breadcru MEG prices plunge in Asia last week

MEG prices plunge in Asia last week

12 Apr '16
1 min read

MEG prices declined in Asia in the last week due to weak downstream product prices in the region.

In SE Asia, average prices went down by US$ 25/ton and were assessed at US$ 680/ton in the last week as compared to previous week, a decrease of 3.55 percent.

In India, average prices plunged by US$ 25/ton and were assessed at US$ 680/ton in the last week, showing a decrease of 3.55 percent over the previous week.

In China, average prices went down by US$ 20/ton and were assessed at US$ 675/ton in the last week, registering a decrease of 2.88 percent from the previous week.

Fibre2fashion News Desk - India

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!