In the morning, the Zhangjiagang ethylene glycol market opened higher and rose further.

Geopolitical concerns once again sparked market sentiment. With crude oil rallying strongly, morning ethylene glycol opened higher and continued to rise. In the morning, spot trades were discussed at 4720–4725, with the spot basis at 09+170 to 09+175, and the July downstream basis at 09+170 to 09+175; the August downstream basis was 09+115/125. (Unit: yuan/ton) (Lunzhong Information)
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