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Asian MEG drops on Friday due to bearish buying
Dec '14
MEG prices dropped down in the Asian markets on Friday (Dec 12) from decline in raw material values and bearish buying sentiments in the region.

In the S E Asian market, selling offers for MEG went down by US$ 30/ton and were offered in the range of US$ 755/ton to US$ 760/ton.

In Chinese market, selling offers too declined by US$ 30/ton and were assessed in the range of US$ 750/ton to US$ 755/ton.

In Chinese domestic market, MEG prices were spotted in the range of RMB 7,100/ton to RMB 7,200/ton.

Fibre2fashion News Desk - India

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