• Linkdin
Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow
         Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow

Asian MEG trends down last week from hectic selling

29 Sep '14
1 min read

Asian Monoethylene Glycol (MEG) prices were down last week ending Sept 26 from its previous week ending Sept 19, due to lower feedstock prices coupled with hectic selling activity in the region.

In India, average MEG prices went down by US$ 35/ton or 3.74 percent last week to US$ 900/ton, as compared to US$ 935/ton in its previous week.

In China, average prices declined by US$ 55/ton or 5.85 percent to US$ 885/ton last week from US$ 940/ton in its previous week.

In the past week, several major producers announced their nominations for October Asian MEG contract price.

SABIC has nominated Asian MEG at US$ 1120/ton CFR Asia, lower by US$ 30/ton as compared to the nomination level of September.

Shell nominated at US$ 1100/ton CFR Asia, a decline of US$ 60/ton from September.

MEGlobal has nominated at US$ 1120/ton CFR Asia, down by US$ 60/ton from September levels.

Sinopec nominated at RMB 6900/ton, a fall of RMB 500/ton against the nomination level of September.

Fibre2fashion News Desk - India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search