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Weak sentiments this week impact Asian MEG trends

29 Aug '14
1 min read

Sluggish downstream demand and insipid market sentiments in the region, led to Asian MEG trends declining this week.

In India, prices which were quoted at US$ 990/ton on Monday (Aug 25), went down gradually during the week and were assessed at US$ 975/ton yesterday (Aug 28).

In China, prices which were assessed in the range of US$ 985-990/ton on Monday, too decreased and were quoted at US$ 975-980/ton on Wednesday.

Fibre2fashion News Desk - India

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