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SABIC nominates June MEG contract in Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 15/05/2015 (10:29)
According to market sources, SABIC has nominated its June MEG contract to Asia with an increase of $120/ton from May at $1120/ton CFR.

Previously, MEGlobal also announced their MEG contract for June at $1100/ton CFR, up $100/ton from May.

In Asia, spot MEG prices declined $35-40/ton on the week to be currently quoted at around $990/ton on a CFR China basis.
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