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SHELL, SABIC announce August MEG contracts to Asia

by ChemOrbis Editorial Team -
  • 31/07/2015 (10:29)
According to market sources, Shell and SABIC have announced their MEG contracts for August to Asia at $1020/ton CFR. SABIC reportedly lowered its MEG August contract by $80/ton from July while Shell cut its contract by $120/ton from a month earlier.

In Asia, spot MEG prices declined $15-20/ton on the week to be currently quoted at around $820/ton CFR China.
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