VIDEO: Europe MEG market remains oversupplied as prices hit historic lows

Author: Melissa Hurley


LONDON (ICIS)--European monoethylene glycol (MEG) prices have reached historic lows and May, set to be a challenging month as oversupply and weak demand continues. Have prices bottomed out?

  • MEG truck prices at record lows
  • European bulk prices lowest globally
  • MEG May contract drops €67/tonne