19 October 2009 10:00 [Source: ICIS news]
SINGAPORE (ICIS news)--Petrochemicals giant Saudi Basic Industries Corp (SABIC) has lowered its nominated price for November monoethylene glycol (MEG) by $20/tonne (€13.4/tonne) from October, a company official said on Monday.
Its nominated price for November Asian contract price (ACP) was $780/tonne CFR (cost and freight) ?xml:namespace>
All the three companies had nominated $800/tonne CFR Asia for October ACP.
($1 = €0.67)
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