Following the MEG Asian Contract Price (ACP) announced by MEGlobal and SABIC, Shell too, nominated its January MEG ACP.
Shell has announced its nomination for MEG for arrivals in January at $1,220 / ton, down a steep $60 / ton from its December ACP.
MEGlobal has quoted its ACP for January arrivals at $1,210 / ton and SABIC has done so at $1,250 / ton.
MEGlobal too reduced its January ACP by $40 / ton from December, while SABIC kept it unchanged from December.
Fibre2fashion News Desk - India