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MEG prices fall in Asian markets on Monday

11 Aug '15
1 min read

Prices of monoethylene glycol (MEG) decreased in Asian markets on Monday, August 10, due to lower upstream product prices and poor demand coupled with fall in other polyester feedstock prices.

In China, prices were spotted at US$ 775/ton, down by US$ 5/ton vis-à-vis prices at the end of the last week ending August 7, 2015.

In India, prices were quoted at US$ 780/ton, also lower by US$ 5/ton compared to the prices at the end of the last week. (RKS)

ALCHEMPro News Desk – India

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