MGE Price Tends To Be Mixed Up

MEG market was firm and the afternoon market went weak. The price appeared to fall back since it hit the high point before, and the overall price tends to be mixed up. Higher quotation in the overseas market was heard around 1210-1220 dollars/ton and discussions were around 1200 dollars/ton. However, because PTA futures plunged in the afternoon and the shipping volume increase; a practical trade at 1195 dollars/ton was also heard. The domestic market is comparatively firm and the selling offering was around 9200-9250 Yuan/ton, while the discussions were lower.