The MEG industry experienced a revolution in 2019 when the MEG futures was listed, lifting the market participation but also bringing more challenges and opportunities. Both the high expectation on the capacity expansion and the slowdown of downstream demand growth weighed down the market. Consequently, the MEG prices hit new lows repeatedly, and the profits shrank. The profit of MEG produced by the integrated units hovered around the break-even point; influenced by the high ethylene prices, the profit at the MEG producers using purchased ethylene was thin; the MEG producers using coal as feedstock also faced profit losses.

China will continue to see an intensive release of newly added MEG capacity in the next 3 to 5 years. Moreover, the refining-chemical integration units have become the main force in the future newly added MEG capacity. In addition, the downstream PET producers also actively extend to the upstream. Thus, the overall MEG industry pattern will change greatly. 

Based on over 10 years of professional research on China’s MEG market, SCI launches 2019-2020 China MEG Market Annual Report combining theoretical analysis and abundant data. From a global perspective, this report focuses on the supply-demand changes and covers the whole industrial chain, with detailed data of price, profit, operating rate, capacity, output, consumption, port inventory, etc. The report will help you grasp the market trend, avoid investment risks and realize business strategic targets.

Report value:

1. Comprehensive interpretation of global and Chinese MEG market supply-demand patterns to clearly show the MEG market status and future trend
2. Comprehensive interpretation of Chinese MEG market supply-demand pattern to grasp the operation barriers
3. Multi-angle analysis on the price drivers and objective assessment of MEG value chain transmission
4. Co-movement analysis on related products to explore demand continuity and potential development

Contents

Part 1 MEG Market Overview

Part 2 2015-2019 MEG Supply-Demand Balance

Part 3 MEG Supply Pattern and Change Trend Analysis

3.1 Global MEG Capacity Change Trend Analysis

3.2 2015-2019 China MEG Capacity Change Trend Analysis

3.2.1 2019 China MEG Capacity Change Analysis

3.2.2 2019 MEG Newly Added Capacity Statistics

3.3 China MEG Output and Operating Rate Change Trend Analysis    

3.3.1 2015-2019 China MEG Output and Operating Rate Change Trend

3.3.2 2019 China MEG Operating Rate Change Analysis  

3.4 MEG Import Volume Change Trend           

3.5 China MEG Port Inventory Change Trend

3.5.1 2015-2019 East China MEG Port Inventory Change Trend       

3.5.2 2019 East China MEG Port Inventory Monthly Change Trend 

3.6 MEG Warehousing and Logistics Status Analysis

3.6.1 Integrated Logistics Development Overview

3.6.2 Packaging/Warehousing/Logistics Status Analysis

3.7 2020 MEG Market Supply Forecast  

3.7.1 2020-2021 China MEG Newly Added Capacity Statistics

3.7.2 2020 MEG Supply Data Forecast        

Part 4 MEG Demand Pattern and Change Trend Analysis       

4.1 China MEG Consumption Volume Change Trend Analysis      

4.2 China MEG Consumption Structure Analysis   

4.2.1 China MEG Consumption Structure Analysis by Industry

4.2.2 China MEG Consumption Structure Analysis by Region  

4.3 China MEG Customer Scale and Demand Change Analysis    

4.4 China Major MEG Downstream Consumption Area and Customer Scale Analysis       

4.5 2020 MEG Downstream Industry Consumption Growth Forecast

4.6 2020 MEG Market Demand Forecast        

4.7 2020 MEG Consumption Volume Forecast       

4.8 MEG Consumption Peak and Slack Seasons Analysis      

4.9 Downstream Procurement Key Influencing Factors Analysis 

4.10 Operation Risks and Barriers Analysis    

Part 5 MEG Price Trend Analysis

5.1 China MEG Market Price Trend Analysis  

5.2 Related Product Price Co-Movement Analysis

5.2.1 Crude Oil and MEG Price Co-Movement Analysis   

5.2.2 PTA and MEG Price Co-Movement Analysis     

  5.3 MEG Futures Price Trend and Comparison with Spot Price Trend

Part 6 2020 MEG Price Forecast 

6.1 Price Drivers Development Forecast

6.1.1 Macro Environment Interpretation and Influence

6.1.2 Industry Policy     

6.1.3 Different MEG Production Technology Development Trends 

6.1.4 Supply-Demand Balance Forecast     

6.1.5 Competitive Situation Analysis and Forecast   

6.1.6 Value Chain Analysis and Forecast     

6.1.7 Related Products Co-Movement Influence Forecast        

6.2 Influence Extent Analysis on 2020 Major MEG Price Drivers         

6.3 2020 MEG Price Forecast

Appendixes:

1. MEG Industry Hotspots

2. MEG Market Annual Events

3. Methodology and Definition

4. Distributor List  

5. Tables, Charts and Enterprise Names      

6. Related Annual Reports

2019-2020 China PTA Market Annual Report

2019-2020 China PFY Market Annual Report