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Live News | Time: Oct 20 2021 10:45AM
MEG RMB market stabilizes after going down
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MEG prices decrease in early morning and then stabilizes. Offers for spot materials are at 6,600-6,610yuan/mt, bids at 6,570-6,580yuan/mt, and discussions at 6,580-6,600yuan/mt. Several deals are concluded at 6,500-6,750yuan/mt. Offers for H2 Nov materials are at 6,570-6,580yuan/mt, bids at 6,540-6,550yuan/mt, and discussions at 6,550-6,570yuan/mt.

USD1=CNY 6.40

[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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