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Two major producers announce May MEG contracts to Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 20/04/2015 (16:25)
According to market sources, Saudi Arabia’s Saudi Basic Industries Corp. (SABIC) and Royal Dutch Shell both announced their May MEG contracts to Asia with increases from April.

SABIC’s new contract price stands at $1000/ton CFR Asia, up $40/ton from April while Shell nominated their May contract with an inrease of $70/ton at $1020/ton with the same terms.
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