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Weak product demand pushes down Asian MEG prices

16 Mar '17
1 min read

MEG prices went down in Asia in the last week due to weak product demand in the region.
 
In SE Asia, average prices inched lower by US$ 35/ton and quoted at US$ 800/ton in the last week, a decrement of 4.19 per cent compared to previous week.
 
In India, average prices stepped down by US$ 35/ton and assessed at US$ 800/ton in the last week, a reduction of 4.19 per cent over the previous week.
 
In China, average prices declined by US$ 35/ton and quoted at US$ 795/ton in the last week, a drop of 4.22 per cent compared to previous week.

Fibre2Fashion News Desk – India

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