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Tight product supply pushes Asian MEG prices
19 Jul '17
1 min read
MEG prices surged in Asia in the last week due to tight supply of product in the region.
In SE Asia, average prices inched higher by US$ 45/ton and quoted at US$ 855/ton in the last week, a rise of 5.56 per cent compared to previous week.
In India, average prices soared by US$ 45/ton and assessed at US$ 855/ton in the last week, an increase of 5.56 per cent over the previous week.
In China, average prices stepped up by US$ 50/ton and quoted at US$ 845/ton in the last week, a climb of 6.29 per cent compared to previous week.
Fibre2Fashion News Desk – India
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