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MEGlobal nominates ACP for July 2021 at USD830 per tonne

Июнь 11/2021

MOSCOW (MRC) -- MEGlobal has announced its Asian Contract Price (ACP) for monoethylene glycol (MEG) to be shipped in July 2021, according to the company's press release.

Thus, on 11 June, the company said ACP for MEG would be at USD830/MT CFR Asian main ports for arrival in July 2021, which corresponds to the previous month's level.

The July 2021 ACP reflects the short term supply/demand situation in the Asian market.

As MRC reported earlier, MEGlobal announced its June ACP for MEG also at USD830/MT CFR Asian main ports, as in May, when the company's MEG prices went down by USD100/tonne from April 2021.

MEG is one of the main feedstocks for the production of polyethylene terephthalate (PET).

According to ICIS-MRC Price report, in Russia, spot price of domestic material generally did not change in early June. Price offers of Russian plants to spot buyers for quantities of 20-100 tonnes were in the range of Rb 125,000-130,000/tonne CPT Moscow, including VAT, last week.

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

Автор:Маргарита Волкова
Тэги:Азия, МЭГ, ПЭТ-гранулят, MEGlobal.
Категория:Общие новости
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