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Asian MEG prices fell US$7-12 a ton CFR China and CFR South East Asia in the first week of July. Mono ethylene glycol prices declined in Asian markets on weak demand that week. Downstream, polyethylene terephthalate resin plants in China were heard lowered their operating to 80-85%. China domestic MEG prices also decreased week on week.

In US, weak demand for MEG neutralised tightness as upcoming TAs limited spot availability. Meanwhile, arbitrage to Asia remained difficult. Thus, spot MEG prices were assessed stable.

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Asian MEG prices surged US$14 a ton CFR China and CFR South East Asia in the last week of June. In China, offers inched up and discussions followed up to above US$620 a ton.

Mono ethylene glycol prices jumped in Asian markets driven by active short covering and climbing to 1-month high mid-week. However, prices fell on weekend but cooled off after Brexit vote. In China, the market was under fluctuation before the Brexit referendum result.

In Europe, MEG prices were flat in mute market while contract price remained unsettled as uncertainty prevailed.

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Asian MEG prices fell US$7 a ton CFR China and CFR South East Asia in the third week of June. Mono ethylene glycol prices fell on the week on negative outlook and futures in the first three days of the week but shored up by active buying week-end as traders sought to cover some short positions for H2 June and H1 July.

In US, MEG spot slips on bearishness in Asia while spot supply showed some signs of tightness, but demand to export was not strong enough to significantly impact the market. US spot MEG fell US cent 0.75 per pound FOB USG on the week.

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Asian MEG prices rose US$4 a ton CFR China and CFR South East Asia in the second week of June.

As crude oil prices firmed up early in the week mono ethylene glycol prices in Asian markets were lifted in most actively traded August MEG futures.

Several traders were heard to be short-covering H2 June and July physical positions and picking up some H2 July cargoes. In China, MEG market saw tolerable buying interests for low-priced goods although the market was lackluster due to holidays.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

Asian MEG prices rose US$7 a ton CFR China and CFR South East Asia in the first week of June.

In China, offers were generally in the range of US$605‐610 a ton while physical spot cargoes were traded at US$603 a ton CFR China from week’s open to US$608-611 a ton.

Mono ethylene glycol prices partially regained previous week’s loss in Asian markets on firm futures and traders' short-covering.

Markets were also buoyed by the late week buying interest as well as other large Chinese futures traders covering their positions.

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Asian MEG prices fell US$17 a ton CFR China and CFR South East Asia in the last week of May.

Mono ethylene glycol prices in Asian markets continued the downtrend, falling on the week due to negative outlook, falling July futures on Huaxicun and massive sell-offs in H1, H2 June swaps.

In China, MEG market was range bound at low levels that week, with average price down from previous week.

In Europe, MEG prices were stable despite Shell outage giving mixed sentiment from production and fall in Asian markets.

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Asian MEG markers, the CFR China was flat in the third week of May but was up on the weekend by US$5 a ton. In China, offers for nearby-month goods were in the range of US$615-620 a ton, and negotiations and trading values were also around that level.

Mono ethylene glycol markets in Asia continued to hover around a low level that week on lack of market direction and stable futures.

In China, futures traders square positions for June on the Huaxicun exchange. Central MEG values changed marginally that week and there was still some demand for low priced goods.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

Asian MEG markers declined US$15 a ton CFR China while CFR South East Asia in the second week of May. Mono ethylene glycol prices were range bound at low levels that week, with prices down from previous week.

Despite the rally in crude oil, PTA futures softened and MEG prices generally went ranged bound following the slump opening the week.

Reports were heard of aggressive selling of swaps by several large futures traders on the Huaxicun Commodity Exchange, as well as selling of physical cargoes through the week.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

Mono ethylene glycol prices declined in Asian and US markets while they were flat in Europe in the first week of May.

Asian MEG markers declined US$18 a ton the CFR China and CFR South East Asia in the first week of May. In China, central offers dropped gradually during the week.

In Asia, MEG market weakened somewhat and downstream polyester makers resisted to replenish raw material, as there were signs of commodities and crude oil to retreat.

The most actively traded June MEG futures contract on the Huaxicun Commodity Exchange fell from Monday to Friday.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

Asian MEG markers fell US$18 a ton CFR China and CFR South East Asia in the last week of April.

Mono ethylene glycol spot prices declined in Asian markets following aggressive selling of Yuan denominated swaps on the Huaxicun Commodity Exchange, which pressurized both physical forward and prompt prices.

In China, as commodity market swung significantly and demand for additional polyester saw end in late April, MEG market were less brisk, with prices falling.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices