London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

MEGlobal announces ACP for February 2020

January 14/2020

MOSCOW (MRC) -- MEGlobal announced that its Asian Contract Price (ACP) for monoethylene glycol (MEG) will be USD740/MT CFR Asian main ports for arrival February 2020, said the company.

The February 2020 ACP reflects the short term supply/demand situation in the Asian market.

As it was written earlier, MEGlobal's  Asian Contract Price (ACP) for monoethylene glycol (MEG) was settled at USD720/MT CFR Asian main ports for arrival in January 2020.

As per MRC ScanPlast, imports of PET chips into Russia increased by 13% in eleven months of this year compared to the same time a year ago and reached 130,800 tonnes compared to 116,100 tonnes (excluding supplies from Belarus over the past two months).  Russia's PET imports almost doubled to 12,300 tonnes in November against 6,300 tonnes in October; last November, material imports amounted to 8,200 tonnes. The share of Chinese material was 78% (9,600 tonnes) in November versus 92% (5,800 tonnes) a month earlier.

MEGlobal is a fully integrated supplier of monoethylene glycol (MEG) and diethylene glycol (DEG), collectively known as ethylene glycol (EG).


mrcplast.com
Author:Anna Larionova
Tags:monoethylene glycol (MEG), PET-granulate, PET bottles, PET films, PET preforms, MEGlobal.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe