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MEG prices drop on Oct 27 from weak downstream prices

28 Oct '14
1 min read

Weak downstream product prices in the region led to Asian MEG prices moving down on Monday, 27th Oct.

In S E Asian market, MEG prices declined by US$ 5/ton and were quoted at US$ 855/ton on Monday, as compared to last Saturday (25th October), a decrease of 0.58 percent.

In China, MEG trends also went down by US$ 5/ton or 0.58 percent from 25th October and were offered at US$ 850/ton on 27th October.

Fibre2fashion News Desk - India

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