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SABIC raises MEG ACP for deliveries in May sharply
24
Apr '09
SABIC, the petrochemical major based in Saudi Arabia, has recently announced its May ACP price for MEG by increasing it by US $110 to $650 per ton CFR, in comparison to it April ACP.

SABIC has increased its MEG ACP price substantially when compared to those implemented by Shell at $580 per ton and by MEGlobal at $600 per ton. Spot levels in China are around $580-590 per tonne CFR.

Fibre2fashion News Desk - India

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