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October MEG contracts continue to be nominated in Asia

by ChemOrbis Editorial Team -
  • 14/09/2017 (13:53)
According to market sources, two more producers have announced their October MEG contracts to Asia with increases.

Shell nominated its October MEG contracts at $1110/ton, up $80/ton from September. SABIC, announced its new contract price at $1090/ton, up $90/ton from the previous month.

Earlier this week, MEGlobal nominated its October contracts at $1100/ton CFR Asia, up $70/ton from September. Now, ExxonMobil is left for its announcement.

However, in Asia, spot MEG prices were last reported at around $930/ton on a CFR China basis, down $30/ton from early September.
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