Recently MEGlobal has announced its ACP prices for the month of January 2021. The ACP prices for MEG would be USD 670/MT, increased by USD 10/MT.
MEG is one of the main feedstocks for the production of polyethylene terephthalate (PET). MEGlobal is a fully integrated supplier of monoethylene glycol (MEG) and diethylene glycol (DEG), collectively known as ethylene glycol (EG).