MEG inventory to increase slightly in Sep

China domestic MEG supply will also resume after the restarts of Satellite #1 and Gulei. In terms of coal-based MEG, Hubei Sanning and Hualu Hengsheng are restarting their units; Weihe Binzhou will also restart; in mid-Sep, Xinhang, Tongliao GEM and Woneng will have turnarounds. Operating rate of coal-based MEG unit will remain around 50%. Eyes rest on the startup of Guangxi Huayi. Sep import will also decrease given the unexpected shutdowns of Sabic's plants and plants in Iran.