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Mute buying leads to Asian MEG slipping on Dec 29
30
Dec '14
Weak upstream product prices coupled with mute buying sentiments in the region led to Asian MEG prices slipping on Monday, 29th Dec.

In SE Asia, prices dropped by US$ 5/ton or 0.65 per cent and were quoted at US$ 770/ton on Monday as compared to last Saturday (27th Dec).

In India too, prices declined by US$ 5/ton and were assessed at US$ 770/ton on 29th Dec, down 0.65 per cent from 27th Dec.

In India, MEG prices also dipped by US$ 5/ton or 0.65 per cent from 27th Dec and were spotted at US$ 765/ton on 29th Dec.

Fibre2fashion News Desk - India

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