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Favourable fundamentals drive up Asian MEG last week

15 Jun '15
1 min read

Favourable market fundamentals drove up Asian MEG prices in the last week ended June 12.

In SE Asia, average prices lifted by US$ 15/ton or 1.57 per cent and were quoted at US$ 970/ton in the last week, as compared to its previous week.

In India, average prices rose by US$ 15/ton and were assessed at US$ 970/ton in the last week, up 1.57 per cent from its previous week.

In China, average prices grew by US$ 25/ton and were spotted at US$ 970/ton in the last week, an increase of 2.65 per cent as against its previous week.

Fibre2fashion News Desk - India

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