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Economics :: Prices

August 25, 2008

EG Prices Tumble on Weak Demand

Rebecca Coons

Asian spot ethylene glycol (EG) prices have nosedived this month due to falling crude oil prices and severely reduced demand, sources say. Spot prices in Asia dropped $100/m.t. last week, to $850/m.t., sources say. Sabic nominated $1,150/m.t. cfr for its...

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