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Overview of Chemical Fiber Industrial Chain and Outlook for Next Week (Oct 25-29, 2021)
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Relevant information
Mideast crisis drives PFY to high-price era
Cost-driven MEG rally fades on lagging demand
2.25 mln mt/yr new MEG capacity to be released in 2026
China’s MEG price volatile amid geopolitical conflicts
Middle East conflict risks Chinese MEG supply
China MEG prices fluctuate due to tug-of-war between supply and demand
US tariff hikes anticipated to alleviate China’s MEG oversupply
China MEG units operating rate slips in Feb
