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MEGlobal quotes Asian Contract Price for August
09
Jul '08
Asian Contract Price (ACP) for monoethylene glycol (MEG) of MEGlobal is likely to be US $1300 metric tons for arrival in August 2008.

Sources informed Fibre2fashion that the price trend for August, throws light on both the short term demand and supply situation as well as gives an insight to the surging cost pressures in the global hydrocarbons market.

MEGlobal, a world leading manufacturer, supplier and marketer of monoethylene glycol (MEG), produces around 1.0 million metric tones of EG per year at its three manufacturing plants in Alberta, Canada.

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