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Zhangjiagang Market Ethylene Glycol Market Trends

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May 18, 2023, 5:21 PM
The ethylene glycol market fluctuated and strengthened at the end of the day. The market mentality was boosted by the improvement of polyester construction. Low-price buying improved. The market in the end of the day mostly negotiated on basis. The spot basis was a discount of 100 for offers and a discount of 95 for bids; next week, the spot basis was a discount of 89/90; the futures in June were at a discount of around 45. (Unit: yuan/ton)