European October MEG contract confirmation continues; spot slips further

摘要

LONDON (ICIS)--The European monoethylene glycol (MEG) October contract confirmation continues to be severely delayed, and spot prices remain on a downward trajectory. An October agreement between a buyer and seller emerged previously, but there has yet to be a second seller and second consumer. A minimum 2+2 producer/consumer configuration is required to consider the agreements fully confirmed.