Home breadcru News breadcru Petrochemicals breadcru Selling activity drives down Asian MEG on May 20

Selling activity drives down Asian MEG on May 20

21 May '15
1 min read

On the back of selling activity in the region coupled with lower upstream product prices and other polyester feedstock prices, Asian MEG prices drove down on Wednesday (May 20).

In India, prices were assessed at US$ 940/ton on Wednesday, lower by US$ 35/ton as compared to prices on Tuesday (May 19).

In China, prices were quoted at US$ 935/ton, down by US$ 35/ton as against prices on Tuesday.

Fibre2fashion News Desk - India

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