Today, the Dubai based major producer of monoethylene glycol (MEG); MEGlobal announced its Asian Contract Price (ACP) for arrivals in July 2011.
The July MEG ACP will be US $1350 / ton (CFR Asian main ports). This price is higher by $100 / ton than those announced for arrivals in June.
MEGlobal is a 50:50 joint venture between US-based Dow Chemical and Kuwait's Petrochemical Industries Company.
Fibre2fashion News Desk - India
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