MEG market retreats sharply in late session of Friday. In domestic market, bids of prompt goods are at 5,760-5,770yuan/mt against offers at 5,780-5,790yuan/mt. Discussions are at 5,770-5,780yuan/mt. Deals are concluded around 5,800yuan/mt earlier. Deals of ex-tank Ningbo goods are rarely heard. On CFR China basis, offers are at $700-705/mt. Buying sentiment is weak.