Petchem Asia Glycols: China MEG slumps while DEG, TEG rise / China MEG prices fall $70/mt after holiday / DEG gains 300 yuan/mt on moderate trading / East China port arrivals surge to 99,700 mt

Oct 12, 2026

Asian monoethylene glycol ended the week Oct. 9 under pressure after China reopened from its holiday. MEG CFR China at $705/mt Oct. 9, down $45/ mt from Oct. 5 and $70/mt from Oct. 8. The domestic China assessment fell 590 yuan/mt week over week to 5,680 yuan/mt ex-tank. Oct. 9 afternoon discussions for Oct. 12-16 delivery were heard at 5,670-5,690 yuan/mt, with buying interest described as weak. CFR China prompt cargo discussions eased to $700-$710/ mt Oct. 9 while CFR Southeast Asia MEG was assessed unchanged week over week at $800/mt amid thin fresh buy-sell discussions. Diethylene glycol moved in the opposite direction. The weekly domestic China assessment rose 300 yuan/mt to 6,400 yuan/mt ex-tank Oct. 9, even as trading was described as moderate. East China port inventories stood at...

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