SABIC increases MEG prices for March to USD1,180/tonne
SABIC has proposed increasing its MEG Asia price for March by USD80/tonne to USD1,180/tonne, according to Argaam. The current spot price for MEG in East Asia is at USD935/tonne. (Argaam) SABIC: SAR97.45 as of 16 Feb. 2017, Rating: Neutral, TP: SAR90.00/share, MCap: USD77,960mn, SABIC AB/2010.SE
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