Shell Chemicals has nominated its February MEG Asian Contract Price (ACP) over that quoted for its January ACP.
Shell has announced its February MEG ACP at US $1,250 / ton (CFR), which is $30 / ton above its January ACP.
Earlier, MEGlobal too had nominated its February MEG ACP at $1,240 / ton (CFR), which is also $30 / ton above those quoted for arrivals in January.
Meanwhile another major MEG producer – SABIC too had announced its February MEG ACP at $1,250 / ton (CFR).
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