Home breadcru News breadcru Petrochemicals breadcru Bearish sentiments pull down Asian MEG prices on Wed

Bearish sentiments pull down Asian MEG prices on Wed

18 Sep '14
1 min read

Weak downstream product demand and bearish buying sentiments in the region pulled down Asian MEG prices.

In Indian market, prices fell by US$ 5/ton or 0.53 percent on 17th Sept, when compared to 16th Sept and were quoted at US$ 945/ton.

In China, prices also declined by US$ 5/ton yesterday, as compared to 16th Sept and were assessed at US$ 940/ton.

Fibre2fashion News Desk - India

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