15 June 2012 10:33 [Source: ICIS news]
SINGAPORE (ICIS)--Saudi’ petrochemical major SABIC has nominated a July monoethylene glycol (MEG) Asia Contract Price (ACP) that is $180/tonne (€142/tonne) lower than its June nomination, a company source said on Friday.
“We’ve decided our July MEG ACP nomination at $1,020/tonne CFR (cost & freight) Asia in view of the recent sharp falls in ?xml:namespace>
Spot MEG prices in
On 12 June, another MEG major, MEGlobal, announced its July MEG ACP nomination at $1,010/tonne CFR Asia.
($1 = €0.79)
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