Today, the major monoethylene glycol (MEG) producer; MEGlobal announced the Asian Contract Price (ACP) for arrival June 2011.
There is no change from the ACP announced for the month of May and stands unchanged at US $1250 / ton (CFR Asian main ports) for arrivals in June.
The June 2011 ACP reflects the short term supply/demand situation in the Asian market.
Fibre2fashion News Desk - India