Ethylene glycol daily review (20211123)

The latest p value price of ethylene glycol on November 23 was 5250 yuan / ton.

On November 22, the spot price of ethylene glycol in East China market was 5170 yuan / ton, up 120 yuan / ton compared with the previous trading day and 10.5 yuan / ton compared with last week.

Due to the increasing rumors that the United States, Japan and India will release crude oil reserves to stabilize oil prices, demand is expected to weaken, oil prices fall and coal stabilizes. The actual purchase of ethylene glycol was general. In the afternoon, the focus of Meg’s external market continued to strengthen. In December, the transaction of cargo was above 690 US dollars / ton.

Forecast: low shock.

http://www.lubonchem.com/