Ethylene Glycol Market Morning Update

K-LinePoet · 2026-03-16T06:30:51+00:00

This week, geopolitical tensions have driven international crude oil prices to continue their sharp gains, providing strong support for ethylene glycol costs. From a supply and demand perspective, both domestic supply and import arrivals at ports have declined. Following the holiday, downstream operations are gradually resuming, with downstream polyester showing renewed enthusiasm for raw material purchases and operating loads steadily increasing. Supply and demand expectations are improving, attracting active long-position entries into the market. Ethylene glycol is expected to trade on the stronger side in the near term, with East China spot self-pickup prices trading in the 4,700–4,800 yuan/ton range. Attention should be paid to changes in polyester operating loads and port inventory levels this week. (Longzhong Information)

K-LinePoet

2026-03-16 06:30:51

This week, due to geopolitical influences, international oil prices continued to rise sharply, providing strong support at the ethylene glycol cost end; in terms of supply and demand, domestic supply and import volumes both decreased. After the holiday, terminal recovery gradually resumed, downstream polyester purchasing enthusiasm for raw materials increased, operating rates steadily improved, and supply and demand expectations turned positive. Bullish market sentiment is active, and short-term ethylene glycol market is expected to remain strong. The spot self-pickup price in East China is operating in the range of 4,700-4,800 yuan/ton. Attention should be paid to the changes in polyester operating rates and port inventories this week. (Longzhong Information)

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