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Zhangjiagang Market Ethylene Glycol Market Trends

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May 17, 2023, 4:23 PM
The ethylene glycol market in the late session was dominated by shocks. In the afternoon, market trading was active, and the trading atmosphere was acceptable. The late session market mostly negotiated based on basis. The spot basis offers were discounted at 100 and bids were discounted at 95; next week's spot basis discounts were 85/90; futures in June were discounted at around 45/50. (Unit: yuan/ton)