Home breadcru News breadcru Petrochemicals breadcru Optimistic fundamentals pull up Asian MEG trends last week

Optimistic fundamentals pull up Asian MEG trends last week

17 Nov '14
1 min read

Optimistic market fundamentals pulled up Asian MEG trends in the last week ending Nov 15.

In the Indian market, average MEG prices rose massively by US$ 50/ton or 6.17 percent and were assessed at US$ 860/ton last week, as compared to its previous week.

In China too, average prices surged by US$ 55/ton and were offered at US$ 855/ton last week, up 6.88 percent from its previous week ending Nov 8.

Fibre2fashion News Desk - India

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