SABIC, the petrochemical major based in Saudi Arabia, has recently announced its June ACP price for MEG by keeping it stable at those declared for May, at US $650 per ton CFR Asia.
It may be recalled that SABIC had increased its MEG ACP price for May substantially by $110 per ton and also quoted higher than those implemented by Shell at $580 per ton and by MEGlobal at $600 per ton in May.
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
