MEGlobal Dec MEG ACP down from Nov

16 Nov '12

1 min read

Monoethylene Gycol (MEG) producer - MEGlobal announced its Asian Contract Price (ACP) for arrivals in December, which is down from its November ACP.

MEGlobal announced its MEG December ACP at US$ 1200/ton, which is a decrease of US$ 80/ton from US$ 1280/ton ACP in November.

The MEG producer said that the December 2012 ACP, reflects the short term supply and demand situation in the Asian market.

Fibre2fashion News Desk - India

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