Industry Overview : Global chemical price

Published on January 5, 2015

Monoethylene glycol (MEG) markets have been moving strongly in the recent times and the good times for MEG producers are expected to continue for the next two years, unless technological advances in China boost supplies considerably and quickly. The increasing number of new Middle East suppliers with access to economically viable ethane has limited the restrictions in terms of feedstock. The rising demand from China has helped increase global operating rates to over 90 per cent, a sign that pl ..

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