Due to poor feedstock prices coupled with ample product availability in the region, Mono Ethylene Glycol (MEG) prices declined marginally in Asia this week and fell around 0.50% w-o-w.
Average prices of MEG went down by US$ 5/ton in the S E Asian market and were assessed in the range of US$ 1000/ton to US$ 1005/ton.Due to poor feedstock prices coupled with ample product availability in the region, Mono Ethylene Glycol (MEG) prices declined marginally in #
In the Chinese USD market, average selling offers for MEG too declined by US$ 5/ton compared to the previous week and were in the range of US$ 995/ton to US$ 1000/ton.
In the Chinese domestic market, selling offers for MEG also went down from the earlier week and stood in the range of RMB 7,400 /ton to RMB 7,450/ton.
Fibre2fashion News Desk - India
20240830145952.gif)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
