SABIC increases MEG prices for December to USD840/tonne
Saudi Basic Industries Corporation (SABIC) [2010.SE] has proposed increasing its MEG Asia price for December by USD50/tonne to USD840/tonne, according to Argaam. The current spot price for MEG in East Asia has increased 4% to USD700/tonne. (Argaam) SABIC: SAR86.03 as of 13 November 2016, Rating: Neutral, FV: SAR90.00 per share, MCap: USD68,824mn, SABIC AB / 2010.SE
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