MEG traded in wide range with moderate negotiations and slightly stronger basis. First-half saw lower prices on building inventories and heavy arrivals with seller-dominated trading....
prices rebounded from lows with active trading. Spot prices rose from 3,540-3,550 yuan/mt to near 3,880 yuan/mt, and the EG2605 contract hit the daily limit up on Friday. USD prices also surged, with late-January cargoes at $465/mt....
