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Initial May MEG contract fails to see acceptance in Europe

by ChemOrbis Editorial Team - content@chemorbis.com
  • 15/05/2015 (17:00)
According to market sources, an initial May MEG contract was settled in Europe, although PET buyers were said to be pushing for a revision as they found the new contract price to be too high.

The new contract stands at €1080/ton ($1226/ton), up €135/ton ($153/ton) from April.
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