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September MEG contracts nominated in Asia

by ChemOrbis Editorial Team -
  • 17/08/2017 (16:45)
Market sources reported that two more producers have nominated their September MEG contracts to Asia with increases.

Shell announced its new contract price at $1030/ton CFR Asia, up $40/ton from August. Sabic nominated its new MEG contracts at $1010/ton CFR, up $30/ton from the previous month.

Previously, MEGlobal nominated its September MEG contracts at $1030/ton CFR, up $50/ton from August.

In Asia, spot MEG prices were last reported at around $845/ton on a CFR China basis, mostly flat on the week but down $35/ton from early August.
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