MEG WECP December

4 December 2017 / MEG Update

There was a first deal for the WECP MEG price done today at €950/MT up €20 on November. The deal was done between a global coolant manufacturer and a Swiss owned EO/MEG producer.

Last week the ethylene contract price for December was settled at €1,057/MT, up €32/MT on November. This is very roughly an increase of €21 on MEG costs.