Core Viewpoint - The ethylene glycol market is experiencing fluctuations due to weak supply and demand dynamics, but macroeconomic support is strengthening the market [1] Supply and Demand - The current supply-demand structure for ethylene glycol is weak, with expectations of increased supply due to the restart of maintenance units and the planned trial runs of several new facilities [1] - The downstream polyester sector is nearing the end of its peak season, leading to anticipated declines in future demand [1] Market Conditions - Recent progress in US-China trade negotiations has improved market risk appetite, providing some support to the ethylene glycol market [1] - As of October 30, the market price in Zhangjiagang is reported to be between 4168-4170 yuan/ton, with spot ethylene glycol trading at a premium of 78-80 yuan/ton over the EG2601 contract [1]
供需偏弱但宏观支撑增强 乙二醇区间震荡运行
Sou Hu Cai Jing·2025-10-30 06:50