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10 results for keyword "MEG"

China MEG price surges after the holiday

China’s monoethylene glycol (MEG) price surged after the Chinese New Year holiday (February 10-17), attributed to higher crude value, less imported cargoes and price gain of downstream products, JLC reports.

02-23-2021 17:09:06
MEG market weakens on bearish factors

Shandong (JLC), July 14, 2020--The MEG market price in China has been falling since June amid unbalanced supply-demand fundamentals as well as the weaker cost supports.

07-14-2020 17:32:05
MEG prices go range-bound amid improved demand

Shandong (JLC), June 20, 2019--The monomer ethylene glycol (MEG) market price in China went range-bound amid improved demand and stable supply.

06-20-2019 17:24:59
VAT cut to inspire MEG market or not?

VAT cut will impact the whole MEG industrial chain somewhat, but it is not enough to change the sluggish MEG market filled with high inventory pressure and surplus capacity in the future.

03-20-2019 11:34:53
DCE MEG futures saw short positions

DCE MEG futures saw short positions since its launch on December 10 of 2018, amid rising inventory and market insiders’ output increase expectation in 2019.

01-22-2019 16:51:40
The 100,000mt/yr coal-based MEG project at Yanchang Petroleum to start up in June 2019

Up to now, Yanchang Petroleum Refining & Chemical (hereafter refered to as Yanchang Petroleum for short) had finished 80% constrocution work of its 100,000 mt/yr coal-based MEG project.

01-21-2019 16:10:20
MEG: Hard to find breakthroughs

The launch of the MEG futures will bring speculation opportunities and the G20 summit and the OPEC meeting might bring some good news for the fringe market. Thus, China’s MEG price is expected to first sustain range-bound in the short run.

11-28-2018 14:10:00
MEG: September fails to be a peak season, so how about October?

In addition, the MEG inventory at East China port will increase from 80,000mt-100,000mt to 580,000-600,000mt, amid centralized arrival of imported shiploads.

09-27-2018 10:21:33
China coal-to-MEG industry faces four major problems

China is the world's largest consumer of MEG, with annual imports exceeding 7 million mt for seven consecutive years. The import volume reached 8.6 million mt in 2018, hitting historical high.

05-24-2018 10:57:41
MEG market moved upward against concentrated maintenance

In June, 2017, MEG price in domestic market rose against concentrated maintenance.

06-14-2017 11:43:39

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