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MEGlobal announces MEG Asian contract price for Dec'13
15
Nov '13
Ethylene glycol manufacturer MEGlobal has announced its Asian Contract Price (ACP) for monoethylene glycol (MEG) at US$ 1200/ton CFR Asian main ports for arrival in December 2013.
 
The December ACP is US$ 20/ton less than the November ACP of US$ 1220/ton.
 
The company’s decision to slightly decrease the contract price for December reflects the short term MEG supply/demand situation in the Asian market.
 
Established in 2004, MEGlobal is a joint venture between The Dow Chemical Company of the United States, and Petrochemical Industries Company (PIC) of Kuwait.
 

Fibre2fashion News Desk - India


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