Zhangjiagang Ethylene Glycol Market Negotiation Atmosphere Remains Slightly Bullish

Overnight crude oil is continuing its strengthening trend. In the morning, the ethylene glycol market’s negotiation atmosphere is fluctuating but leaning stronger. Spot trades are being discussed at 4886-4888, with the spot basis at 05-75/78. Negotiations for late March are at 4894-4900, with the basis at 05-67/73. For late April, the basis is 05-15/30. (Longzhong Information)

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