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Mute sentiments drive down Asian MEG last week

01 Jun '15
1 min read

Mute buying sentiments in the region drove down Asian MEG prices in the last week ended May 29.

In SE Asia, average prices climbed down by US$ 40/ton or 4.15 per cent and were assessed at US$ 925/ton in the last week, as compared to its previous week.

In India, average prices reduced by US$ 40/ton and were quoted at US$ 925/ton in the last week, down 4.15 per cent as against its previous week.

In China, average prices declined by US$ 35/ton and were spotted at US$ 925/ton in the last week, a decrease of 3.65 per cent from its previous week.

Fibre2fashion News Desk - India

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