Home breadcru News breadcru Petrochemicals breadcru Poor demand pushes down Asian MEG prices last week

Poor demand pushes down Asian MEG prices last week

14 Dec '15
1 min read

Poor downstream product demand in the region pushed down MEG prices in Asia in the last week ended Dec 11.

In SE Asia, average prices dipped by US$ 10/ton or 1.70 per cent and were assessed at US$ 550/ton in the last week, as compared to its previous week.

In India, average prices contracted by US$ 10/ton and were offered at US$ 550/ton in the last week, down 1.79 per cent as against its prior week.

In China, average prices decreased by US$ 20/ton and were spotted at US$ 535/ton in the last week, a decrease of 3.60 per cent vis-à-vis its earlier week.

ALCHEMPro News Desk – India

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