Petchem Asia Glycols: Prices advance despite uneven buying / MEG CFR China climbs $35/mt to $725 / China domestic market shows volatility / DEG and TEG assessments rise for week

Oct 31, 2026

Asian monoethylene glycol prices rose week over week to Oct. 30, despite sharp swings in China’s domestic market. MEG CFR China at $725/metric ton, up $35/ mt from Oct. 26, while the China domestic assessment climbed 325 yuan/mt to 5,870 yuan/mt ex-tank. Domestic MEG peaked at Yuan 5,890/mt Oct. 28 before falling to 5,745 yuan/mt Oct. 29 and recovering Oct. 30. Prompt CFR China cargoes traded at $720/mt on the final day, while buying interest remained measured and late-November cargo discussions rose to $720-$725/mt. The weekly CFR Southeast Asia assessment edged up $5/mt to $710/mt amid thin spot discussions. China’s other glycol assessments also finished higher. The weekly domestic diethylene glycol assessment rose 145 yuan/mt to 7,695 yuan/mt ex-tank, based on tradable indications of 7,690-$7,700 yuan/mt. Triethylene glycol gained 435...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.