China’s mono-ethylene glycol (MEG) market experienced a slight uptick on August 11, with CFR China prices rising from USD 520–525/mt on August 8 to USD 525–530/mt, according to Polymerduniya’s latest assessment.
The upward move, though modest, suggests improving sentiment in Asia’s downstream sectors, possibly driven by cautious restocking and a firmer outlook in global commodity markets. While broader industry reports indicate mixed dynamics, such as domestic price easing after a Friday dip and ongoing market volatility, this regional price increase could be an early indication of shifting supply-demand balance.
