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Shell hikes Feb MEG ACP over Jan
19
Jan '12
Shell Chemicals has nominated its February MEG Asian Contract Price (ACP) over that quoted for its January ACP.

Shell has announced its February MEG ACP at US $1,250 / ton (CFR), which is $30 / ton above its January ACP.

Earlier, MEGlobal too had nominated its February MEG ACP at $1,240 / ton (CFR), which is also $30 / ton above those quoted for arrivals in January.

Meanwhile another major MEG producer – SABIC too had announced its February MEG ACP at $1,250 / ton (CFR).

Fibre2fashion News Desk - India

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