China’s Sinopec has finalized its prices for PTA and MEG sold within the domestic market in March at sharply higher levels due to strong demand and tight supply. The PTA price was pegged at yuan (CNY) 7,300/tonne ($1,069/tonne) delivered, while the MEG price was CNY4,600/tonne delievered. These numbers represented jumps of CNY1,050/tonne and CNY900/tonne respectively from the previous month’s final values. “Demand has been strong, and we don’t have too much to sell anyway,” said one of the Sinopec officials.