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Weak upstream leads to Asian MEG price drop last week

03 Nov '14
1 min read

Weak upstream product prices in the region, led to MEG prices going down in Asia in the last week ending Oct 31.

In India, average prices fell by US$ 10/ton or 1.18 percent and were assessed at US$ 840/ton in the last week, as compared to its previous week ending Oct 24.

In China, average prices dropped by US$ 15/ton and were assessed at US$ 835/ton in the last week, down 1.76 percent from its previous week.

Fibre2fashion News Desk - India

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