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MEG prices drop in Indian & Chinese markets last week
15
Dec '14
The prices of monoethylene glycol (MEG) dropped in major Asian markets during the last week ending December 12, 2014, due to poor downstream product demand in the region.
 
In India, average MEG prices were assessed at US$ 795 per ton in the last week, a fall of $40 per ton or 4.79 per cent compared to the previous week ending December 5.
 
Similarly, in China, average prices of MEG dropped were $805 per ton in the last week, a fall of $25 per ton or 3.01 per cent compared to the previous week.
 

Fibre2fashion News Desk - India


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