US,EU & Asia MEG weekly margins update.
US monoethylene glycol (MEG) margins for last week:
Integrated ethane-based contract margins rose by 1.8%; naphtha-based integrated contract margins rose by 1.4%.
Ethane feedstock costs fell; contract co-products fell; spot co-products fell.
Naphtha feedstock costs fell; contract co-products fell; spot co-products fell.
Europe monoethylene glycol (MEG) margins for last week:
Integrated contract MEG margins rose by 6.6%; spot margins rose by 6.2%.
Naphtha cracker feedstock costs fell; contract co-products fell; spot co-products fell.
MEG contract prices held steady; spot prices rose.
Asia monoethylene glycol (MEG) margins for last week:
Northeast Asia integrated margins fell by 83.3%; standalone margins fell by 13.3%.
Northeast Asia naphtha feedstock costs rose; co-products rose.
Southeast Asia integrated margins fell by 58.1%; standalone margins fell by 6.3%.
Southeast Asia naphtha feedstock costs rose; co-products fell.
MEG spot prices fell.
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