Monoethylene Gycol (MEG) producer - MEGlobal announced its Asian Contract Price (ACP) for arrivals in December, which is down from its November ACP.
MEGlobal announced its MEG December ACP at US$ 1200/ton, which is a decrease of US$ 80/ton from US$ 1280/ton ACP in November.
The MEG producer said that the December 2012 ACP, reflects the short term supply and demand situation in the Asian market.
Source:
http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=118068
