US spot export MEG prices were assessed flat week on week Oct. 16 at 29-30 cents/lb FOB USG, based on largely notional pricing indications amid sparse export volume availability. The US October MEG contract price remained assessed at 27.00-27.50 cents/lb FOB, up 2.24 cents from the September assessment of 24.76-26.26 cents/lb FOB. The contract price reflects a 4 cents/lb increase in the October US benchmark contract price from September, and higher Asia contract price (ACP) nominations, based on a weighted formula that discounts the North American benchmark price by 15% and the ACP average by 5%, with each segment equally weighted, per market feedback.