11 March 2011 03:28 [Source: ICIS news]
SINGAPORE (ICIS)--MEGlobal has proposed its April Asia Contract Price (ACP) nomination for monoethylene glycol (MEG) $30/tonne (€22/tonne) lower from its March price, a company official said on Friday.
“We nominated April ACP at $1,350/tonne CFR (cost & freight) ?xml:namespace>
The other two MEG majors – SABIC and Shell – were expected to announce their April ACPs early next week, said company sources.
($1 = €0.73)
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