Asian spot MEG prices rose US$25 a ton CFR China and CFR South East Asia in the last week of January. In China, offers for nearby-month cargoes were up US$30 a ton during the week.
Mono ethylene glycol prices in Asia rose as stocking-up activities for post Chinese New Year requirements persisted.
In US, spot MEG prices were firm during the week.
European MEG spot price uptrend halted on muted demand during the week.
Courtesy: Weekly PriceWatch Report
Asian spot MEG prices rose US$25 a ton CFR China and CFR South East Asia in the last week of January. In China, offers for nearby-month cargoes were up US$30 a ton during the week.
Mono ethylene glycol prices in Asia rose as stocking-up activities for post Chinese New Year requirements persisted.
In US, spot MEG prices were firm during the week.
European MEG spot price uptrend halted on muted demand during the week.
Courtesy: Weekly PriceWatch Report
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