Shell Announced Its Asian MEG contract Price at $850/ton CFR in July

Chemical News: Shell Announced Its Asian MEG contract Price at $850/ton CFR in July

https://www.chemnet.com Jun 14,2010
PUWORLD(2010-06-11)——Shell Chemicals proposed its Asian MEG contract price in July as $850(CFR) which slipped by $120 compared with last month.

Shell had adjusted downward its contract prices by $250/ton for three consecutive months since May. For now, cargo prices in Asia were around $710/ton CFR to the vicinity of China.

Major MEG contract players include Shell, BASF, MEGlobal, INEOS Oxide, Clariant, M&G and Artenius.

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