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Shell, SABIC, MEGlobal nominate March MEG contracts to Asia

by ChemOrbis Editorial Team -
  • 29/02/2016 (10:56)
According to market sources, Shell, SABIC and MEGlobal have announced their MEG contracts for March to Asia. Shell and SABIC nominated their March contracts with a gain of $50/ton from February at $760/ton CFR. MEGlobal, meanwhile, announced its new contract at $750/ton CFR, up $10/ton from a month earlier.

In Asia, spot MEG prices increased approximately $15/ton on the week to be currently quoted at around $660-665/ton CFR China.
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