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December MEG contracts nominated in Asia

by ChemOrbis Editorial Team -
  • 02/12/2016 (15:04)
Market sources reported that several producers have nominated their December MEG contracts to Asia with increases. MEGlobal and Shell nominated their December MEG contracts at $900/ton CFR, up $90 and $120 from October respectively while SABIC announced its new contract price at $840/ton CFR Asia, up $50 from November.

In Asia, spot MEG prices were recently reported at around $745/ton on a CFR China basis, up $15/ton from a week earlier.
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