thanks to the enhancement in the cash flow of naphtha-based MEG

Furthermore, thanks to the enhancement in the cash flow of naphtha-based MEG, the supply of foreign products has moderately risen. PRefChem in Malaysia resumed operations in late May, and the current plant efficiency is acceptable. A few shipments are scheduled to be loaded by the end of May and shipped to China. We will keep track of the plant's operational stability. Also, PTT GC Glycol's 400kt/year plant in Thailand is set to restart in June and will likewise curtail some supply to the Chinese market. In the Northeast Asian region, the bids for South Korean products have surged since late May, with an anticipated transport of around 10,000-15,000 tons to China in June, which marks a substantial increase compared to previous days.