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Aug MEG contracts nominated in Asia

by ChemOrbis Editorial Team -
  • 17/07/2017 (16:48)
Market sources reported that several producers have nominated their Aug MEG contracts to Asia with increases. Shell announced its new contract price at $990/ton CFR Asia, up $30/ton from July while Sabic nominated its new MEG contracts at $980/ton CFR, up $30/ton from the previous month.

Previously, MEGlobal nominated its August MEG contracts at $980/ton CFR, up $70/ton from July.

In Asia, spot MEG prices were last reported at around $855/ton on a CFR China basis, up $22/ton on the week and up $55/ton from early July.
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