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MEG prices stay flat in Europe & US last week

30 Sep '14
1 min read

Weak upstream demand in Europe and mute buying sentiments in the US market, led to MEG trends staying flat in the week ending Sept 26.

In European market, selling offers for MEG kept steady during last week, when compared with its previous week ending Sept 19 and were offered in the range of US$ 800/ton to US$ 805/ton.

In the US too, selling offers for MEG remained flat last week from its previous week and were assessed in the range of 44.50 cents/pound to 45.00 cents/pound.

Fibre2fashion News Desk - India

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