Home breadcru News breadcru Raw Materials breadcru MEGlobal, Shell and SABIC announce June MEG ACP

MEGlobal, Shell and SABIC announce June MEG ACP

21 May '10
1 min read

MEGlobal, a major supplier of Monoethylene Glycol (MEG) has announced its Asian Contract Price (ACP) at US $960 per metric ton (Asian main ports) for arrivals in June 2010.

This is lower than the May ACP by $90 per metric ton which was announced at $1,050 per metric ton.

Meanwhile, Saudi Arabia based SABIC, too announced the Asian Contract Price (ACP) of MEG for June deliveries at $970 per metric ton (Asian main ports), which is also down by $80 per metric ton from the ACP of $1,050 per metric ton for arrivals in May.

Shell, one more major supplier of MEG also announced its MEG ACP for arrivals in June at $970 per metric ton.

Fibre2fashion News Desk - India

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!