果酱视频

Key Highlights-

• Constrained supply conditions, which helped to raise the MEG prices.聽
• Local demand from downstream moved upward, amidst the tariff environment on the import.聽
• Maintenance shutdown at Formosa Plastics Corporation.

MEG Price Movement (In Early September xxxx): In the initial days of September xxxx, MEG prices rose significantly in the U.S. Gulf region. By the week that ended on September xx, prices scaled up by x.xx to reach USD xxx/MT, FOB US Gulf. This upward price movement was due to constricted supply conditions and slight recovery in the domestic demand. Locally, the announcement of additional tariffs on importing PET and rPET鈥攄ownstream derivatives of MEG鈥攔aised market sentiment, thereby slightly stimulating procurement activities in the wake of an overall weak demand foundation.聽

On the xth of September, Formosa Plastics Corporation started the maintenance shutdown it had preplanned for...