Petrochemicals giant Saudi Basic Industries Corp (SABIC) has lowered its nominated price for November MEG by $20/tonne (€13.4/tonne) from October, a company official said on Monday. Its nominated price for November Asian contract price (ACP) was $780/tonne CFR (cost and freight) Asia, in line with price cuts announced by two other MEG majors - Shell Chemicals and MEGlobal. All the three companies had nominated $800/tonne CFR Asia for October ACP. SABIC11月MEG的亚洲合同价为$780，CFR，Shell和MEGlobal也都说要降价。