MEGlobal, a major supplier of Monoethylene Glycol (MEG) has contracted its Asian Contract Price (ACP) at US $940 per metric ton (Asian main ports) for arrivals in January 2010, which is a $80 per ton hike over the December ACP which stood at $860 per metric ton,
Meanwhile Shell also has nominated its January 2010 ACP for MEG at $920 per metric ton, CFR Asia and represents a increase of $80 per metric ton over the December ACP which was $840 per ton.
Fibre2fashion News Desk - India