13 April 2012 11:34 [Source: ICIS news]
SINGAPORE (ICIS)--MEGlobal has lowered its May Asian Contract Price (ACP) nomination for monoethylene glycol (MEG) by $80/tonne (€61/tonne) from April, market sources said on late Friday.
The company announced in a note to clients that its May ACP nomination was at $1,120/tonne CFR (cost & freight) ?xml:namespace>
Asia spot MEG prices closed at $960-970/tonne CFR
MEGlobal is a joint venture between Dow Chemical and
($1 = €0.76)
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