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Asian MEG prices slump last week

20
Nov '18
MEG prices witnessed sharp fall in Asia in the previous week due to pessimistic market fundamentals in the region.
 
During the last week, average prices of MEG in India were pulled down by US$ 50/ton to a total of US$ 720/ton, a reduction of 6.49 per cent in comparison to the last week.
 
MEG prices in China stepped down by 7.28 per cent to US$ 700/ ton in the previous week after a fall of US$ 55/ton in the earlier week.

Fibre2Fashion News Desk – India


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