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More producers nominate Nov MEG contracts to Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 17/10/2017 (12:55)
According to market sources, SABIC and Shell announced their November MEG contracts to Asia with decreases. Accordingly, Saudi SABIC has nominated its November MEG contract at $1020/ton CFR Asia, while Shell announced its new price at $1030/ton, down $70/ton and $80/ton from October respectively.

Previously, MEGlobal nominated its November MEG contracts to Asia at CFR $1030/ton, down $70/ton from October.

Meanwhile, spot MEG prices in Asia were last reported at CFR China $905/ton, up $35 from a week earlier.
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