March MEG contracts nominated in Asia
by ChemOrbis Editorial Team - content@chemorbis.com
Market sources reported that several producers have nominated their March MEG contracts to Asia with increases. MEGlobal nominated its March MEG contracts at $1100/ton CFR, up $40/ton from February. Shell announced its new contract price at $1080/ton CFR Asia, up $40/ton from February while Sabic nominated its March MEG contracts at $1180/ton CFR, up $80/ton from February.
In Asia, spot MEG prices are currently reported at around $890/ton on a CFR China basis, down $25/ton from a week earlier.
In Asia, spot MEG prices are currently reported at around $890/ton on a CFR China basis, down $25/ton from a week earlier.
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