MEG trends stable in US & Europe, rise in Asia last week

During last week, average prices increased by 1% in S E Asia to US$ 1015/ton as compared to US$ 1005/ton in the previous week ending June 21. 

In the Chinese market, average prices went up by 1.52% to US$ 1005/ton as compared to US$ 990/ton in the previous week.

In Europe and US, average prices stayed stable at US$ 805/ton and 45 cents/pound respectively in the week under review.

Fibre2fashion News Desk - India