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Ethylene glycol (MEG) prices in China rose on November 13, with East China ex-works up 218 yuan to 6,198 yuan per ton. Inventories at major East China ports fell by 12,000 tons to 153,000 tons, and shipment volumes rose week on week.
MEG is an industrial chemical with little direct link to feed ingredients. The move reflects domestic Chinese chemical market conditions and does not materially affect feed commodity prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.