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26
2024
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08
The latest market bulletin of ethylene glycol: It is expected that the spot price of ethylene glycol will fluctuate and adjust today.
Today's morning session: the ethylene glycol market fluctuated strongly in the morning, and the basis performance was acceptable. The spot talks were held at 4652-4654; Futures 4655-4660 next week; Futures negotiation in September 4673-4678; Spot basis transaction 01-20; Next week, the basis offer will be 01-13, and the delivery will be near 01-18. (Unit: RMB/ton) Today's point of view: At this stage, due to the device failure, the pressure on the ethylene glycol supply side is weakened, but at the same time, the downstream polyester construction has not recovered to a high level, and the improvement space of ethylene glycol supply and demand structure is limited. It is expected that the spot price of ethylene glycol will fluctuate and adjust today. Source: The information comes from public information such as Wind, CCF Chemical Fiber Network and Longzhong Information, and the views are for reference only.
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