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Asian MEG declines from weak downstream last week
22 Dec '14
1 min read
MEG prices declined in Asia in the last week ending Dec 19, due to weak downstream product prices in the region.
In SE Asia, average prices dropped by US$ 30/ton or 3.77 per cent and were assessed at US$ 765/ton last week, as compared its previous week ending Dec 12.
In India, average prices also descended by US$ 30/ton and were quoted at US$ 765/ton last week, down 3.77 per cent as against its previous week.
In China, average MEG prices fell by US$ 45/ton down 5.59 per cent from the previous week and were spotted at US$ 760/ton last week.
In SE Asia, average prices dropped by US$ 30/ton or 3.77 per cent and were assessed at US$ 765/ton last week, as compared its previous week ending Dec 12.
In India, average prices also descended by US$ 30/ton and were quoted at US$ 765/ton last week, down 3.77 per cent as against its previous week.
In China, average MEG prices fell by US$ 45/ton down 5.59 per cent from the previous week and were spotted at US$ 760/ton last week.
Fibre2fashion News Desk - India
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