Ethylene Glycol:United States

摘要

Spot prices continued to increase as participants looked at the shut downs in Saudi Arabia and wondered when supply would stabilize. “I told management, MEG was unforecastable due to a lack of information from the Middle East,” a buyer said. Participants knew something was wrong with Sabic’s production, but they were at a loss to know what was happening and how much production would be lost. Traders were searching in vain for spot cargoes to send to Asia where prices were climbing every day.