MEG prices dipped in Asia in the last week ending Jan 16, due to poor downstream product demand in the region.
In SE Asia, average prices went down by US$ 20/ton or 2.78 per cent and were assessed at US$ 700/ton last week, as compared to its previous week.MEG prices dipped in Asia in the last week ending Jan 16, due to poor downstream product demand in the region#
In India too, average prices fell by US$ 20/ton and were quoted at US$ 700/ton last week, down 2.78 per cent from its previous week.
In China also, average prices slipped by US$ 25/ton and were spotted at US$ 690/ton last week, as against its previous week, a decrease of 3.50 per cent.
Fibre2fashion News Desk - India
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