MEGlobal, a major supplier of monoethylene glycol (MEG) has contacted its Asian Contract Price (ACP) at US $740 per metric ton (Asian main ports) for arrivals in August 2009.
This is a $60 per metric ton increase in MEG ACP than those quoted for arrivals in the previous month of July.
Meanwhile Shell also has nominated its August ACP for MEG at $740 per metric ton, CFR Asia, which is also up by $120 per metric ton from the July ACP.
Fibre2fashion News Desk - India
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