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November MEG contracts nominated in Asia

by ChemOrbis Editorial Team -
  • 04/11/2016 (14:07)
Market sources report that several producers have nominated their November MEG contracts to Asia. SABIC nominated its November MEG contract at $790/ton CFR, unchanged from October while Shell announced its new contract price, also with a rollover from October, at $780/ton with the same terms.

Meanwhile, MEGlobal nominated its November MEG contract $20/ton higher from the previous month at $810/ton CFR Asia.

In Asia, spot MEG prices are reported at around $660-690/ton on a CFR China basis, down $20-25/ton from a week earlier.
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