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February MEG contracts nominated in Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 17/01/2017 (15:43)
Market sources reported that several producers have nominated their February MEG contracts to Asia with increases. MEGlobal nominated its February MEG contracts at $1060/ton CFR, up $40/ton from January. Shell announced its new contract price at $1040/ton CFR Asia, up $10/ton from January while Sabic nominated its February MEG contracts at $1100/ton CFR, up $50/ton from January.

In Asia, spot MEG prices are currently reported at around $930/ton on a CFR China basis, up $25/ton from a week earlier.
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