Jump of petrochemical prices in Asian markets

Mono ethylene glycol (MEG) and polyethylene (PE) spot prices ramped up because of the attacks to 2 Saudi Aramco’s oil facilities on September 14th 2019. Plastics News Europe wrote that the spot rate of MEG and PE bounced significantly in Asian markets according to Wood Mackenzie (energy research & consultancy organization). Saudi Arabia produces 7,800,000…

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