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October Asian MEG trends down from September
08
Nov '14
During October 2014, Asian MEG trends declined between 9 and 10% from its previous month.

MEG prices slipped in October, mainly from weak upstream energy values, coupled with sluggish buying interest and weak feedstock market.

In October 2014, selling offers for MEG went down in the S E Asian market by US$ 90/ton from September 2014, and were assessed in the range of US$ 845/ton to US$ 850/ton.

In Chinese market too, MEG trends were pushed down by US$ 95/ton compared to last month and were quoted in the range of US$ 835/ton to US$ 840/ton.

Fibre2fashion News Desk - India

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