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Asian MEG prices raise due optimistic market fundamentals

20
Dec '16
MEG prices moved up in Asia in the last week due to optimistic market fundamentals in the region.
 
In SE Asia, average prices soared by US$ 55/ton and quoted at US$ 880/ton in the last week, a growth of 6.67 per cent compared to previous week.
 
In India, average prices climbed by US$ 55/ton and assessed US$ 880/ton in the last week, a rise of 6.67 per cent over the previous week.
 
In China, average prices improved by US$ 70/ton and quoted at US$ 875/ton in the last week, a hike of 8.70 per cent compared to previous week.

Fibre2Fashion News Desk – India


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