Monoethylene Glycol producer - MEGlobal announced its Asian Contract Price (ACP) for arrivals in January 2013, which has surged up from December ACP.
MEGlobal announced its January ACP at US$ 1240/ton, up US$ 40/ton from US$ 1200/ton ACP in December.
According to MEGlobal, January 2013 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=118917