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April MEG contracts nominated in Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 20/03/2017 (12:06)
Market sources reported that several producers have nominated their April MEG contracts to Asia with decreases. MEGlobal nominated its April MEG contracts at $1000/ton CFR, down $100/ton from March. Shell announced its new contract price at $990/ton CFR Asia, down $90/ton from March while Sabic nominated its April MEG contracts at $1035/ton CFR, down $145/ton from March.

In Asia, spot MEG prices were last reported at around $820/ton on a CFR China basis, down $70/ton from a month earlier.
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