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Insipid sentiments drive down Asian MEG last week

11 Jan '16
1 min read

Insipid market sentiments drove down MEG prices in Asia in the last week ended Jan 8.

In SE Asia, average prices plunged by US$ 25/ton or 4.07 per cent and were assessed at US$ 590/ton in the last week, as compared to its previous week.

In India, average prices slipped by US$ 25/ton and were spotted at US$ 590/ton in the last week, down a steep 4.07 per cent as against its prior week.

In China, average prices descended by US$ 20/ton and were offered at US$ 585/ton in the last week, a decrease of 3.31 per cent vis-a-vis its earlier week.

Fibre2Fashion News Desk – India

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