MEGlobal, a major producer of monoethylene glycol (MEG) announced the Asian Contract Price (ACP) for arrivals in January 2012.
The January ACP stands at US $1210 / MT (CFR Asian main ports), down $40 / MT from the December ACP, when it stood at $1250 / MT.
The January 2012 ACP reflects the short term supply/demand situation in the Asian market.
Fibre2fashion News Desk - India