at present two glycol market funds affected by the larger, the fundamentals of supply and demand to maintain a spot pattern, peripheral oil, stock market, electronic disk effect amplification stage. In ethylene glycol and styrene to stabilize the market driven, low-cost supply gradually reduced, some holding the goods very price intention thicker and the factory to maintain rigid demand, also bargain inquiry intention, middlemen is wait-and-see mood.
Overview two glycol market of some areas in China in March 29th:
Zhangjiagang two main port area two glycol total shipments in the vicinity of 1947 tons.
Two glycol dollars market focus steady, discuss the overall light. The recent shipment clear offer less delivery 635-640 dollars / ton, about US $640-650 / ton range, hand sellers.
Zhangjiagang two glycol market focus narrow down to the present, the spot, the spot offer around 5050, buying in 5020, the morning heard of the 5070 single transaction, the lower atmosphere partial concentration, 4 month futures offer around 5050, buying in 5030, turnover further clear.
Southern China two DEG center of gravity downward shock, the local holding cargo shipments intention in 5100-5150 yuan / ton to the downstream level, the real single demand is not strong, holding the goods more sales of Shell goods, real simple negotiations, the transaction reference low level.
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