MEGlobal, a major global supplier of MEG has hiked its MEG Asian contract price (ACP) for February 2011 arrivals at Asian main ports.
MEGlobal has revised the MEG ACP for February arrivals to US $1240 / ton (CFR Asian main ports), up $30 / ton from ACP for January arrivals when it stood at $1210 / ton.
The February 2012 ACP reflects the short term supply/demand situation in the Asian market.
Fibre2fashion News Desk - India
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