MEGlobal & Shell increase MEG ACP for September

August 18, 2009 - Asia

MEGlobal, a major supplier of Monoethylene Glycol (MEG) has contacted its Asian Contract Price (ACP) at US $840 per metric ton (Asian main ports) for arrivals in September 2009.

This is a $100 per metric ton increase in MEG ACP than those quoted for arrivals in the current month of August.

Meanwhile Shell also has nominated its September ACP for MEG at $820 per metric ton, CFR Asia and represents an increase of $80 per metric ton from the August ACP.