Nov. 30th, 2015- The Dynamic Reviews of MEG in the Market
Author: Nov 30, 2015 15:24
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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.
In the aspects of raw material, the naphtha price increased slightly in the market, now the naphtha price increased 3.375 dollars/ton to 460.75 dollars/ton CFR Japan. In addition, Heterogeneous MX price showed a downward trend. Now the Heterogeneous MX price declined 6 dollars/ton to 674.5 dollars/ton FOB Korea. At the same time, the ethylene price was stable in the world. Northeast ethylene price was around 1,055 dollars/ton and Southeast ethylene price stayed at 1,055 dollars/ton CFR.
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Editor: sunny From: 168Tex.com
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