16 October 2009 11:51 [Source: ICIS news]
SINGAPORE (ICIS news)--Anglo-Dutch monoethylene glycol (MEG) major Shell Chemicals has nominated its November Asian Contract Price (ACP) down $20/tonne (€13/tonne) from its October nominations, market sources confirmed on Friday.
The November ACP was nominated at $780/tonne CFR (cost and freight) ?xml:namespace>
SABIC, the third major MEG producer, has not yet finalised its November nominations.
October nominations from all three MEG majors were at a uniform $800/tonne CFR Asia.
($1 = €0.67)
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