Hike in buying interest lifts Asian MEG prices last week

27 Jan '15
1 min read

Hike in buying interest in the region led to MEG prices lifting in Asia in the last week ending Jan 23.

In SE Asia, average prices mounted by US$ 35/ton or 5.00 per cent and were quoted at US$ 735/ton last week, as compared to its previous week.

In India too, average prices ascended by US$ 35/ton and were assessed at US$ 735/ton last week, also up 5.00 per cent as against its previous week.

In China also, average prices were pushed up by US$ 35/ton or 5.07 per cent from its previous week and were spotted at US$ 725/ton last week.

Fibre2fashion News Desk - India

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