Oct. 16th, 2015- MEG Price Increased Slightly at Home and Abroad

168tex News: Today MEG price increased slightly in domestic market. Now the quotation of spot goods increased to 5,350 Yuan/ton, the counteroffer was around 5,300-5,320 Yuan/ton and the transaction price stayed at 5,350 Yuan/ton. The futures price of MEG was at the same level in November and the quotation stayed at 5,360-5,380 Yuan/ton and the actual negotiating price was around 5,350 Yuan/ton. In addition, the market atmosphere of MEG was general in the overseas market. Now the quotation of cargo goods stayed at 685-690 dollars/ton and the negotiating discussion was around 685 dollars/ton. The bonded price was 695 dollars/ton and the negotiating price was quoted at 690 dollars/ton.