Petchem Asia Glycols: MEG slips as China trading thins / CFR China prices drop $5/mt to $700 / Domestic China market shows volatility / South Korea exports plunge 69.6% in Sept

Oct 17, 2026

Asian monoethylene glycol prices declined in the week to Oct. 16 amid thin cargo discussions. MEG CFR China at $700/metric ton, down $5/mt week over week, after mid-to-late October cargoes were discussed at $700-$710/mt early in the week. Prompt indications were heard at $675-$700/mt on Oct. 16, while a second-half October trade was heard around $708/mt. The weekly CFR Southeast Asia assessment fell $20/mt to $780/mt. China's domestic MEG market was volatile. The prompt assessment reached Yuan 5,720/mt ex-tank Oct. 16, up Yuan 50/ mt on the day, although afternoon discussions for Oct. 19-23 delivery eased to Yuan 5,615-5,625/mt. Trading in that window was heard at premiums of Yuan 430-450/mt to the EG2611 futures contract. Other glycols also finished lower on the week. domestic diethylene glycol at Yuan 6,390/mt ex-tank,...

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