18 December 2008 08:44 [Source: ICIS news]
SINGAPORE (ICIS news)--Monoethylene glycol (MEG) supplier MEGlobal has increased its Asia contract price (ACP) for January shipments by $20/tonne (€14/tonne) from the previous month to $630/tonne due to tight supply and firm demand, a company source said on Thursday.
“The [nomination] reflects the current market demand and supply situation,” said the source.
($1 = €0.70)
Clytze Yan and Echo Han contributed to this articleFor more information on MEG, visit ICIS chemical intelligence
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