TITLE

US July MEG contract prices rise on strong demand, tight supply

AUTHOR(S)
Mirasol, Feliza
PUB. DATE
July 2014
SOURCE
ICIS Chemical Business;7/28/2014, Vol. 286 Issue 3, p23
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that U.S. monoethylene glycol (MEG) contract prices were assessed at 52-53 cents per pound FOB (free on board) in July 2014, up from 50-52 cents per pound FOB in June 2014, as MEG manufacturers have cut back on production and demand in the downstream polyethylene terepthalate (PET) sector have picked up by the end of June. It also mentions that diethylene glycol (DEG) prices for July have moved up to 64-72 cents per pound FOB, up from 61-69 cents in June.
ACCESSION #
97322360

 

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