VIDEO: Europe MEG market remains oversupplied as prices hit historic lows
Melissa Hurley
05-May-2020
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
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