• Episode 1203: PODCAST: Global MEG market overview and outlook

  • Jun 24 2024
  • Length: 13 mins
  • Podcast

Episode 1203: PODCAST: Global MEG market overview and outlook

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  • Summary

  • LONDON (ICIS)--European monoethylene glycol (MEG) editor, Melissa Hurley, explores the global glycol situation with Judith Wang, Cindy Qiu, Melissa Wheeler and Antulio Borneo.


    • Asia tug of war between limited imports and sluggish demand
    • Downstream polyester plants may cut operating rates further in China
    • China MEG inventories fluctuated between 700,000 and 800,000 in June
    • European import supply set to improve in July
    • Tropical storm Alberto brings heavy rainfall but no impacts to gulf coast production
    • MEG US demand could be affected by the issues with PTA plants in Mexico

    Additional reporting from senior editor Judith Wang, Cindy Qiu and Melissa Wheeler and Antulio Borneo.
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Economics
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