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US tariff hikes anticipated to alleviate China’s MEG oversupply

Shandong (JLC), April 11, 2025--The U.S. tariff policies are expected to help alleviate China’s MEG oversupply somewhat.

04-11-2025 17:06:00

China MEG units operating rate slips in Feb

Shandong (JLC), February 28, 2025—The operating rate of China’s MEG units edged down in February due to unit maintenance.

02-28-2025 10:27:56

China MEG imports down but exports up in 2024

Shandong (JLC), February 25, 2025--China MEG imports decreased, but exports rose in 2024, according to customs statistics.

02-25-2025 00:00:00

CNOOC starts production at mega metamorphic rock oilfield

Guangzhou (JLC), February 8, 2025--State-owned China National Offshore Oil Corporation (CNOOC) on Friday commenced production at the first phase of the Bozhong 26-6 oilfield, by far the largest metamo

02-08-2025 16:25:04

MEG unit operating rate rebounds after going down in Q2

Shandong (JLC), July 4, 2024--MEG unit operating rate increased after going down in the second quarter of teh year, due to unit operation changes.

07-08-2024 15:14:40

China MEG imports down in May

Shandong (JLC), June 25, 2024—China’s ethylene glycol (MEG) imports in May saw a slight decline from April.

06-25-2024 18:15:27

China Mar MEG imports up on month, down on year

Shandong (JLC), April 30, 2024--According to customs statistics, in March 2024, China’s total imports of MEG were 450,800.262 mt, up by 8.11% on month but down by 3.03% on year.

04-30-2024 14:29:09

China MEG imports in Q1 fall on year

China MEG exports in Q1 fall on year

04-25-2024 17:42:25

China MEG prices go range-bound on stalemated fundamentals

Shandong (JLC), April 19, 2024—China MEG prices went range-bound amid ample supply and limited downstream demand.

04-19-2024 11:48:52

MEG producers push up operating rate in Q1

Shandong (JLC), March 28, 2024--MEG unit operating rate increased in the first quarter of this year, as part of previously off-line units resumed production, and due to the stimulation from high produ

03-28-2024 14:50:50

China MEG market to weaken in Nov on thin fundamentals

Shandong (JLC), November 9, 2023--It is predicted that China’s MEG market may retreat in November given poor fundamentals amid climbing supply and lackluster demand.

11-09-2023 11:17:00

China MEG prices slip in Oct on muted demand

Shandong (JLC), November 7, 2023--China’s MEG prices move down in October as downstream polyester market entered the off-peak season.

11-07-2023 17:05:00

China’s MEG prices drop after rising in Sep

Shandong (JLC), October 11, 2023--At the beginning of the month, port sales improved, but inventory was still at a high level, which resulted in high supply pressure. Downstream polyester operating ra

10-11-2023 16:58:00

China Jul MEG imports down on month, on year

Shandong (JLC), September 20, 2023--According to customs statistics, the total imports of MEG in July 2023 were 551,730.111 mt, a decrease of 11.22% month on month and 3.3% year on year, with an avera

09-20-2023 15:36:00

China’s MEG prices see mixed changes in Aug

Shandong (JLC), September 7, 2023--China’s MEG prices saw mixed changes in August.

09-07-2023 09:17:00

China MEG producers suffer losses on muted demand

Shandong (JLC), September 5, 2023--Recently, international crude oil prices continued to fluctuate at high levels due to various bearish factors such as OPEC+ additional production cuts by oil produci

09-05-2023 11:13:00

China MEG prices move up in Jul on healthy transaction

Shandong (JLC), August 9, 2023--China MEG prices moved up in July on healthy transactions.

08-09-2023 16:17:00

MEG output growth slows down in H1 2023

?Shandong (JLC), July 20, 2023--MEG output growth slowed down in the first six months this year, as the long-term negative margins depressed producers’ production enthusiasm.

07-20-2023 17:31:20

China MEG prices move down in Jun on thin atmosphere

Shandong (JLC), July 7, 2023--China’s MEG prices moved down in June.

07-07-2023 16:42:00

China MEG prices weaker on bearish factors

Shandong (JLC), May 31, 2023--Domestic MEG market prices were weaker on the whole, on the back of limited cost support and poor demand.

05-31-2023 16:34:30

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