Asia MEG prices increase amid cost pressure; slowing demand may weigh on market

摘要

SINGAPORE (ICIS)--Asia import monoethylene glycol (MEG) prices went up after a two-week fall on the back of rising feedstock cost, but the slowing demand may weigh on market sentiment. Feedstock naphtha prices have climbed to a fresh high in over three months, fuelled by demand for petrochemical production.