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Zhangjiagang Ethylene Glycol Market Sees Diminished Trading Activity Amid Festive Atmosphere
International crude oil prices plummeted sharply, and with the festive market atmosphere, trading volume declined. Overall negotiations weakened, and the basis narrowed accordingly. This morning, ethylene glycol spot negotiations ranged from 3,588 to 3,590 yuan/ton, with basis differences of 5-115/118. For February delivery, basis differences were 5-83/88; for March delivery, 5-34/38. (Unit: yuan/ton) (Longzhong Information)