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Mute sentiments reduce Asian MEG prices on Wed

06 Nov '14
1 min read

Mute buying sentiments in the region, coupled with weak downstream product prices led to Asian MEG prices reducing on Wednesday, 5th Nov.

In the S E Asian market, MEG prices went down by US$ 15/ton or 1.86 percent and were quoted at US$ 790/ton on Wednesday, as compared to Tuesday (4th Nov).

In China also, MEG trends declined by US$ 15/ton and were quoted at US$ 785/ton on 5th Nov, down 1.88 percent from 4th Nov.

Fibre2fashion News Desk - India

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