Ethylene glycol China Transcript
The Mono Ethylene Glycol or MEG China report is published weekly and is used extensively as a global reference.
Key price quotes are domestic cost & freight (CFR) China main port (CMP) and ex-tank China. Due to the volatile nature of the MEG markets we are in close contact with MEG producers, traders, brokers and end users to track accurate information throughout the week.
This includes bids, offers and deals. The report captures the unit operation performance and MEG and polyester products, inventories, from polyethylene terephthalate (PET) factories mainly in the east and south China. MEG inventories held in tank farms are also obtained through our network of contacts in this area.
We have reported on the China MEG market for about 10 years and we have established a wide contact base of producers, buyers and traders in the market that is not openly transparent.
Our published prices are also used as benchmark prices for contract negotiations.