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Asian MEG prices slip from weak energy market

11 Sep '14
1 min read

MEG prices declined in Asia on Wednesday (Sept 10) due to bearish downstream demand and weak energy market fundamental.

In Indian market, MEG prices went down by US$ 25/ton or 2.95 percent on Sept 10, when compared with Sept 9 and were quoted at US$ 940/ton.

In China too, prices fell yesterday, as compared with Sept 9 and were assessed at US$ 935/ton.

Fibre2fashion News Desk - India

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