Home breadcru News breadcru Petrochemicals breadcru Bearish demand drives down Asian MEG prices last week

Bearish demand drives down Asian MEG prices last week

23 Jun '15
1 min read

Bearish product demand in the region drove down MEG prices in Asia in the last week ended June 19.

In SE Asia, average prices descended by US$ 30/ton or 3.09 per cent and were assessed at US$ 940/ton in the last week, as compared to its previous week.

In India, average prices climbed down by US$ 30/ton and were quoted at US$ 940/ton in the last week, down 3.09 per cent from its previous week.

In China, average prices reduced by US$ 35/ton and were offered at US$ 935/ton in the last week, a decrease of 3.61 per cent as against its previous week.

Fibre2fashion News Desk - India

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