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The ethylene glycol market in Zhangjiagang showed an average performance on the morning of April 22nd.
Although crude oil remains strong, the ethylene glycol market performs moderately, with flat basis.
This morning’s spot negotiations are at 4895-4897, with spot basis at 05+25 to 05+27,
April lower basis at 05+30 to 05+40, May upper basis at 05+40/47;
May lower basis at 05+70 to 05+73. (Unit: Yuan/ton) (Longzhong Information)