SABIC increases MEG prices for February to USD1,100/tonne
SABIC has proposed increasing its MEG Asia price for February by USD50/tonne to USD1,100/tonne, according to Argaam. The current spot price for MEG in East Asia is at USD915/tonne. (Argaam) SABIC: SAR93.59 as of 18 January 2017, Rating: Neutral, TP: SAR90.00 per share, MCap: USD74,872mn, SABIC AB / 2010.SE
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