Ethylene glycol market morning update

2026-04-10 05:17:06

The ethylene glycol market rose on the previous trading day, with Zhangjiagang ethylene glycol spot prices increasing by 258 to close at 4,733 yuan/ton. International oil prices surged significantly, pushing up cost-side support. From the supply and demand perspective, overall supply has decreased noticeably recently, and imports have also been affected by transportation issues. Terminal units are gradually returning to the market, downstream polyester operating rates are rising, and the supply-demand outlook is optimistic, supporting market sentiment. In the short term, the market is expected to run strongly, with the East China spot price negotiation range estimated between 4,650-4,750 yuan/ton. (Longzhong Information)

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