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Asian MEG prices decline due to bearish product demand
27 Dec '16
1 min read
MEG prices moved down in Asia in the last week due to bearish product demand in the region.
In SE Asia, average prices reduced by US$ 35/ton and quoted at US$ 845/ton in the last week, a decrease of 3.98 per cent compared to previous week.
In India, average prices inch lower by US$ 35/ton and assessed US$ 845/ton in the last week, a fall of 3.98 per cent over the previous week.
In China, average prices decreased by US$ 40/ton and quoted at US$ 835/ton in the last week, a drop of 4.57 per cent compared to previous week.
Fibre2Fashion News Desk – India
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