There has been rise in MEG prices in Asian market. CFR China values were assessed around USD 855/MT, rise of USD 55/MT in compare to last week’s closing values. On other side CFR SEA values were assessed around USD 860/MT straight rise of USD 50/MT in one week. This rise has been attributed to limited supply of the chemical coupled with surging up og downstream values. gain in Ethylene values. FOB Korea Ethylene prices were assessed around USD 890/MT, where as CFR China prices were heard around USD 860/MT.
