Asia

摘要

Asian monoethylene glycol fell $17 this week, closing Thursday at $792/mt CFR China/Taiwan/Southeast Asia due to high inventory levels. MEG bids for earlier part of the week were heard at $800-805/mt CFR China but buying interest on Thursday fell below $795/mt CFR, traders said. Meanwhile, offers fell from $820/mt CFR on Monday to $795/mt CFR. “Sellers are more willing to lower their offers due to high inventory levels.