Ethylene Glycol Asia

摘要

The Asian monoethylene glycol market closed in the four digits Friday for the first time in three months, driven by tight supply and an improving polyester market in China. Typhoon Haikui sparked demand for prompt deliveries or bonded cargoes, which also lifted the Asian MEG market. The CFR China MEG price rose $30/mt week on week to be assessed at $1,021/mt Friday. September ICE Brent futures were assessed at $112.57/barrel at 4:30 pm Singapore time (0830 GMT), up $5.58/barrel week on week.