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Bearish demand pushes down Asian MEG prices last week

26 Oct '15
1 min read

Bearish product demand in the region pushed down MEG prices in Asia in the last week Oct 23.

In SE Asia, average prices dropped by US$ 15/ton or 2.21 per cent and were assessed at US$ 665/ton in the last week, as compared to its previous week.

In India, average prices declined by US$ 15/ton and were quoted at US$ 665/ton in the last week, down 2.21 per cent as against its prior week.

In China, average prices dipped by US$ 15/ton and were spotted at US$ 660/ton in the last week, a decrease of 2.22 per cent vis-à-vis its earlier week.

Fibre2Fashion News Desk – India

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