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Morning Zhangjiagang ethylene glycol market continues to remain weak

2026-06-20 17:23:21

With geopolitical tensions easing, energy & chemical products in the early session continue to trade in a generally weak pattern. The ethylene glycol market’s trading atmosphere is average, and buying demand is cautious. Basis performance is also average: in the morning, spot negotiations are at 4400–4405 yuan/ton; the spot basis is at 09+125 to 09+130. Next week’s basis is at 09+130 to 09+135, and the basis for late July is at 09+140 to 09+150. (Unit: yuan/ton)

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