Asian MEG prices fall on weak demand,increased supply: sources

摘要

Singapore-Weak demand from polyester producers coupled with increased supply from the US and the Middle East is pushing down Asian monoethylene glycol spot prices,market sources said January 30.On January 29,deals were heard done between 1,030-1,040/mt CFR China,down sharply from the assessment of 1,140-1,150 CFR China,January 25,according to Platts data.