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South Asia Plastics' 360,000-ton MEG plant suspends production due to malfunction
sector impact: Nan Ya is an crucial MEG supplier in the Asia-Pacific region, and its items flow into the mainland's polyester sector chain in substantial quantities. The unexpected shutdown of the 360,000-ton/year plant will temporarily disrupt the supply expectations of Asian MEG and provide emotional support to spot and futures trading of monoethylene glycol; the market will focus on tracking the maintenance progress and restart time window of the plant in the follow-up.
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