Nov. 30th, 2015- MEG Price Declined Sharply at Home and Abroad

168tex News: Today MEG price declined sharply in domestic market. Now the quotation of spot goods was around 4,300 Yuan/ton, the counteroffer was around 4,240-4,250 Yuan/ton and the transaction price stayed at 4,250-4,270 Yuan/ton. The futures price of MEG was at the same level in November and the quotation stayed at 4,290-4,300 Yuan/ton and the actual negotiating price was around 4,270-4,280 Yuan/ton. In addition, the quotation of MEG was stable in the overseas market. Now the quotation of cargo goods stayed at 550-555 dollars/ton and the negotiating discussion was around 540-550 dollars/ton. The bonded price was 550 dollars/ton and the negotiating price was quoted at 540 dollars/ton.