Home breadcru News breadcru Petrochemicals breadcru MEG prices head upwards in Asia today

MEG prices head upwards in Asia today

27 Jun '14
1 min read

Prices of MEG in Asia were reported on higher levels today, due to increasing feedstock prices coupled with improved demand for the product.

MEG offers increased by US$ 20/ton today, in the S E Asian market and were offered in the range of US$ 1025/ton to US$ 1030/ton.

In the Chinese market, prices of MEG increased by 1.99 percent as compared to yesterday’s closing. The selling offers for MEG in China USD market were in the range of USD 1020/ton to USD 1025/ton whereas in the domestic market, PTA prices were in the range of RMB 7575/ton to RMB 7580/ton.

Fibre2fashion News Desk - India

Get Free Weekly Market Insights Newsletter

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