Zhangjiagang Market Ethylene Glycol Market Trends
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June 1, 2023, 5:34 PM
The ethylene glycol market was highly volatile at the end of the day. Although the futures market rose sharply, spot prices were cautious in chasing after the rise. Most market transactions were mainly short orders. Spot negotiations were 3950; next week's spot negotiations were 3960, and the spot basis was discounted at around 79/83; next week's spot basis was discounted at 68/70; next month's futures were discounted at 50/55; next month's futures were discounted at 15/20. (Unit: yuan/ton)