Sluggish buying trend backs lower Asian MEG prices
27 Jun 17 1 min read
MEG prices plunged in Asia in the last week due to sluggish buying trend in the region.
In SE Asia, average prices reduced by US$ 30/ton and quoted at US$ 770/ton in the last week, a drop of 3.75 per cent compared to previous week.
In India, average prices edged lower by US$ 30/ton and assessed at US$ 770/ton in the last week, a reduction of 3.75 per cent over the previous week.
In China, average prices went down by US$ 40/ton and quoted at US$ 760/ton in the last week, a declination of 5 per cent compared to previous week.
Fibre2Fashion News Desk – India
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