MEG price in China market expected to rise in coming months: TexPro

23
Jun '21

Price of mono-ethylene glycol (MEG), a major raw material for polyester, is expected to rise moderately in the Chinese market in coming months due to an increase in demand and prices of crude oil and crude oil derivatives. MEG price in China may reach 5,404.53 yuan per mt in December 2021, increasing by 9.34 per cent over the price in June 2021. This according to Fibre2Fashion's Market Intelligence Tool - TexPro

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