Large capacity has been affected by the blizzard but the direct impact of supply to China is limited

Large capacity has been affected by the blizzard but the direct impact of supply to China is limited. US MEG exports to China apparently increased in June-September with average supply around 80kt per months. Those cargoes have been gradually arrived in China in end-August to mid-December. Overall supply in the US has decreased a lot with the inventory consumption, shutdown of Nan Ya and operating rate cut of several units. US MEG export to China in November has been quite low, estimated at 20-30kt.