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Asian MEG drops on Friday due to bearish buying
13 Dec '14
1 min read
MEG prices dropped down in the Asian markets on Friday (Dec 12) from decline in raw material values and bearish buying sentiments in the region.
In the S E Asian market, selling offers for MEG went down by US$ 30/ton and were offered in the range of US$ 755/ton to US$ 760/ton.
In Chinese market, selling offers too declined by US$ 30/ton and were assessed in the range of US$ 750/ton to US$ 755/ton.
In Chinese domestic market, MEG prices were spotted in the range of RMB 7,100/ton to RMB 7,200/ton.
In the S E Asian market, selling offers for MEG went down by US$ 30/ton and were offered in the range of US$ 755/ton to US$ 760/ton.
In Chinese market, selling offers too declined by US$ 30/ton and were assessed in the range of US$ 750/ton to US$ 755/ton.
In Chinese domestic market, MEG prices were spotted in the range of RMB 7,100/ton to RMB 7,200/ton.
Fibre2fashion News Desk - India
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