Home breadcru News breadcru Petrochemicals breadcru Ample availability drives down Asian MEG steeply last week

Ample availability drives down Asian MEG steeply last week

24 Aug '15
1 min read

Ample of product availability in the region drove down MEG prices in Asia in the last week ended August 21.

In SE Asia, average prices were brought down by US$ 50/ton or 6.49 per cent and were assessed at US$ 720/ton in the last week, as compared to its previous week.

In India, average prices went down by US$ 50/ton and were offered at US$ 720/ton in the last week, down a steep 6.49 per cent vis-à-vis its prior week.

In China, average prices were pushed down by US$ 35/ton and were spotted at US$ 730/ton in the last week, a decrease of 4.58 percent as against its earlier week.

ALCHEMPro News Desk – India

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