Glycol market : there's shriking in supply and rising in spot market price

Trend of glycol index price

The price index of glycol market on 15,June was 5118.79, rose 42.59 caompared with yesterday.

Future market

The settlement price of EG main contract 2209 ascended 42 where on the begin of opening compared with last work day，and the closing price at noon was 100 to 5332.The opening price continued to fluctuate at noon, and the focus of the market was down in the afternoon, and the final closing price rose 22.Eg main contract 2209 of Dashang Stock Exchange opened at 5274, with a maximum of 5365 and a minimum of 5250, and closed at 5254, up 22 or 0.42% compared with the previous trading day, with a trading volume of 467700 hands. (unit: yuan / ton)

Spot market

Today, the mainstream market price of ethylene glycol in China continues to move up. Specifically, the quotation in Central China rose, Yongjin chemical rose by 150 yuan / ton to 4900 yuan / ton, and Wuhan ethylene rose to 5150 yuan / ton.The quotation in Northwest China is stable, and Dushanzi Petrochemical offers 5300 yuan / ton; The quotation in East China is stable. The quotation of Shanghai Petrochemical is up to 5150 yuan / ton, that of Yangzi Petrochemical is up to 5150 yuan / ton, and that of Sinopec is stable to 5300 yuan / ton;The quotation in Northeast China remained stable, and the industrial grade quotation of Jilin Petrochemical reached 5050 yuan / ton, with less commencement; Fushun Petrochemical's ex factory price is 5050 yuan / ton, maintaining a low load state;The quotation in Shandong is stable, the quotation of Hualu Hengsheng is stable to 5300 yuan / ton, and the 500000 ton unit is currently in stable operation; The lihuayi device maintains the early stagnation state; The market price in South China rose slightly, and the price of ethylene glycol in Guangdong was around 5350-5400 yuan / ton; The price of Fujian ethylene glycol is 5350-5400 yuan / ton.