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Firm energy market pushes up MEG Asian prices

10 Jun '14
1 min read

In Asia, MEG prices went up yesterday, due to firm energy market, coupled with an increase in feedstock prices.

MEG offers surged yesterday by US$ 20/ton in the S E Asian market and were offered in the range of US$ 985/ton to US$ 990/ton.

In the Chinese USD market, selling offers for MEG increased by US$ 15/ton and were quoted in the range of US$ 980/ton to US$ 985/ton.

In the Chinese domestic market, selling offers for MEG also rose and prices were in the range of RMB 7,250 /ton to RMB 7,300/ton. 

Fibre2fashion News Desk - India

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