Home breadcru News breadcru Petrochemicals breadcru Tight product supply pushes up Asian MEG prices

Tight product supply pushes up Asian MEG prices

20 Jun '17
1 min read

MEG prices went up in Asia in the last week due to tight supply of product in the region.
 
In SE Asia, average prices soared by US$ 30/ton and quoted at US$ 800/ton in the last week, a jump of 3.90 per cent compared to previous week.
 
In India, average prices advanced by US$ 30/ton and assessed at US$ 800/ton in the last week, an improvement of 3.90 per cent over the previous week.
 
In China, average prices improved by US$ 40/ton and quoted at US$ 800/ton in the last week, an increase of 5.26 per cent compared to previous week.

ALCHEMPro News Desk – India

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