Oct. 29th, 2015- The Dynamic Reviews of MEG in the Market
Author: Oct 29, 2015 14:01
|
168tex News: Today MEG price decreased slightly in domestic market. Now the quotation of spot goods decreased to 4,910-4,930 Yuan/ton, the counteroffer was around 4,900-4,910 Yuan/ton and the transaction price stayed at 4,910-4,920 Yuan/ton. The futures price of MEG was at the same level in November and the quotation stayed at 4,910-4,930 Yuan/ton and the actual negotiating price was around 4,920 Yuan/ton. In addition, the market atmosphere of MEG was cold in the overseas market. Now the quotation of cargo goods stayed at 635-640 dollars/ton and the negotiating discussion was around 635 dollars/ton. The bonded price was 630 dollars/ton and the negotiating price was quoted at 635 dollars/ton.
In the aspects of raw material, the ethylene price was stable in the market. Northeast ethylene price stayed at 1,005 dollars/ton. Southeast ethylene price was around 1,010 dollars/ton CFR and Northwest ethylene price increased 3 dollars/ton to 812 dollars/ton CIF. Furthermore, PTA price was weak in China. It was expected that MEG price would be down in the short term.
|
Editor: sunny From: 168Tex.com
Most Read