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Shell, SABIC nominate July MEG contracts to Asia

by ChemOrbis Editorial Team -
  • 26/06/2015 (11:09)
According to market sources, Shell and SABIC have announced their MEG contracts for July to Asia. Shell nominated its July contract with a rollover from June at $1140/ton CFR. SABIC, meanwhile, announced its new contract at $1100/ton CFR, down $20/ton from a month earlier.

In Asia, spot MEG prices increased approximately $10/ton on the week to be currently quoted at around $945-950/ton CFR China.
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