There has been significant decline in MEG prices in China in last week. Prices reduced by USD 35/MTS and were assessed in the range of USD 760-780/MTS. On other side downstream values for Ethylene were assessed in the range for FOB Korea USD 900/MTS increased by USD15/MTS while CFR China values for Ethylene were assessed around USD 955/MTS, rise of USD 10/MTS in one week.
FOB Korea values for Propylene was assessed around USD 825/MTS while CFR China values were assessed around USD 845/MTS.
