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MEGlobal, Shell and SABIC announce June MEG ACP
21
May '10
MEGlobal, a major supplier of Monoethylene Glycol (MEG) has announced its Asian Contract Price (ACP) at US $960 per metric ton (Asian main ports) for arrivals in June 2010.

This is lower than the May ACP by $90 per metric ton which was announced at $1,050 per metric ton.

Meanwhile, Saudi Arabia based SABIC, too announced the Asian Contract Price (ACP) of MEG for June deliveries at $970 per metric ton (Asian main ports), which is also down by $80 per metric ton from the ACP of $1,050 per metric ton for arrivals in May.

Shell, one more major supplier of MEG also announced its MEG ACP for arrivals in June at $970 per metric ton.

Fibre2fashion News Desk - India

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