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Asian MEG prices plunge last week
19 Sep '17
1 min read
MEG prices stepped down in Asia in the last week due to pessimistic market fundamentals in the region.
In SE Asia, average prices reduced by US$ 40/ton and assessed at US$ 930/ton in the last week, a fall of 4.12 per cent compared to previous week.
In China, average prices declined by US$ 35/ton and secured at US$ 925/ton in the last week, a reduction of 3.65 per cent compared to previous week.
In India, average prices moved down by US$ 40/ton and quoted at US$ 930/ton in the last week, a drop of 4.12 per cent over the price prevailing at the end of the previous week.
Fibre2Fashion News Desk – India
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