Home / Knowledge / News / Textiles / MEGlobal announces MEG Asian contract price for Dec'13
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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