MEGlobal nominates July MEG ACP at $1,110/mt CFR Asia, down $40/mt from June – MEGlobal MEG ACP $1,110/mt CFR Asia - Arhive

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MEGlobal nominates July MEG ACP at $1,110/mt CFR Asia, down $40/mt from June

Singapore (Platts)-

MEGlobal MEG ACP $1,110/mt CFR Asia MEGlobal has nominated its July Asia Contract Price for monoethylene glycol at $1,110/mt CFR Asia, down $40/mt from June, a company official said Wednesday.

The lower July ACP nomination reflects the short term supply and demand situation in the market, the source added. MEG was last assessed at $915/mt CFR China Tuesday, up $15/mt from Monday.

–Serena Seng, serena.seng@spglobal.com

–Edited by Pankti Mehta, pankti.mehta@spglobal.com

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