Zhangjiagang Market Ethylene Glycol Price Under Pressure and Declining

K-LinePoet · 2026-03-25T20:48:12+00:00

Overnight crude oil declined, with morning market trading sentiment under pressure and contracting downward. Ethylene glycol spot trading at 3598-3600; late March futures trading at 3635-3637, late April futures trading at 3673-3675; basis spreads: spot basis 05-77/80; late March basis 05-38/40; late April basis 05+0/+2. (Unit: RMB/ton) (Longzhong Information)

K-LinePoet

2026-03-25 20:48:12

Crude oil prices fell overnight, and the market sentiment in the morning was under pressure, leading to a decline. Ethylene glycol spot negotiations are at 3598-3600 yuan/ton; March second-half futures are at 3635-3637 yuan/ton; April second-half futures are at 3673-3675 yuan/ton. Regarding basis: spot basis is 05-77/80 yuan/ton; March second-half basis is 05-38/40 yuan/ton; April second-half basis is 05+0/+2 yuan/ton. (Unit: yuan/ton) (Longzhong Information)

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