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Weak upstream pushes down Asian MEG last week
27 Jan '16
1 min read
Weak upstream energy prices in the region pushed down MEG prices in Asia in the last week ended Jan 22.
In SE Asia, average prices contracted by US$ 5/ton or 0.90 per cent and were assessed at US$ 550/ton in the last week, as compared to its previous week.
In India, average prices fell by US$ 5/ton and were quoted at US$ 550/ton in the last week, down 0.90 per cent as against its prior week.
In China, average prices reduced by US$ 10/ton and were offered at US$ 540/ton in the last week, a decrease of 1.82 per cent from its earlier week.
In SE Asia, average prices contracted by US$ 5/ton or 0.90 per cent and were assessed at US$ 550/ton in the last week, as compared to its previous week.
In India, average prices fell by US$ 5/ton and were quoted at US$ 550/ton in the last week, down 0.90 per cent as against its prior week.
In China, average prices reduced by US$ 10/ton and were offered at US$ 540/ton in the last week, a decrease of 1.82 per cent from its earlier week.
Fibre2Fashion News Desk – India
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