MEGlobal, a major global supplier of MEG has reduced its MEG Asian Contract Price (ACP) for April arrivals from those in March by US $20 / ton.
MEGlobal has revised the MEG ACP for April arrivals to US $1,200 / ton (CFR Asian main ports) from $1,220 / ton in March.
According to MEGlobal, the April 2012 ACP reflects the short term supply/demand situation in the Asian market.
Fibre2fashion News Desk - India
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