SABIC cuts MEG ACP nominations for May 2020

Last Updated Date (19/04/2020) Argaam Report

Saudi Basic Industries Corp. (SABIC) cut the Asian Contract Price (ACP) for monoethylene glycol (MEG) for May 2020 to $540 per ton, a $90 drop compared to the previous month.

 

Nominations for May are the lowest since April 2009.

 

MEGlobal nom

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