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Sluggish trends push down Asian MEG prices last week

02 Nov '15
1 min read

Sluggish buying trends in the region pushed down MEG prices in Asia in the last week ended Oct 30.

In SE Asia, average prices dropped down by US$ 30/ton or 4.51 per cent and were assessed at US$ 635/ton in the last week, as compared to its previous week.

In India, average prices declined by US$ 30/ton and were quoted at US$ 635/ton in the last week, down 4.51 per cent as against its prior week.

In China, average prices dipped by US$ 30/ton and were offered at US$ 630/ton in the last week, a decrease of 4.55 per cent vis-à-vis its earlier week.

Fibre2Fashion News Desk – India

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