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Asian MEG prices plunge from ample availability last week

18 May '15
1 min read

MEG prices plunged in Asia in the last week ended May 15 from ample of product availability in the region.

In SE Asia, average prices went down by US$ 30/ton or 2.90 per cent and were assessed at US$ 1005/ton in the last week, as compared to its previous week.

In India, average prices declined by US$ 30/ton and were spotted at US$ 1005/ton in the last week, down 2.90 per cent as against its previous week.

In China too, average prices dropped down by US$ 30/ton and were quoted at US$ 1000/ton in the last week, a decrease of 2.91 per cent from its previous week.

Fibre2fashion News Desk - India

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