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Hike in polyester feedstock prices pushes up Asian MEG

11 Nov '14
1 min read

Hike in polyester feedstock prices, led to Asian MEG prices mounting on Monday (Nov 10).

In the Indian market, MEG prices were assessed at US$ 860/ton on Monday, higher by US$ 20/ton, when compared with prices towards end of last week.

In China too, MEG was spotted at US$ 855/ton on Nov 10, up from US$ 830-835/ton seen at the end of last week.

Fibre2fashion News Desk - India

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