Published on January 16, 2018
There has been constant hike in MEG prices in Asian market. CFR China values were assessed around USD 1000-1020MT, increased by USD 35/MTS in compare to last week’s assessed values. CFR South East Asia assessed around USD 1015/MT increased by USD 35/MTS in compare to last week’s closing values. FOB Korea values for Ethylene were assessed around USD 1370/MT, while CFR China values were assessed around USD 1340/MT. Strong buying sentiments coupled with healthy demand has been dominating the Asian markets for price surge.
