Group 1: General Information - Report date: July 29, 2025 [2] - Report type: MEG Daily Report [1] Group 2:行情回顾与操作建议 - Futures market: On the 28th, the main contract 2509 of ethylene glycol futures opened at 4545, reached a high of 4545, a low of 4423, settled at 4469, and closed at 4436, down 93 from the previous trading day's settlement price. The total volume was 241,057 lots, and the open interest was 258,742 lots. The EG2509 and EG2601 contracts both closed at 4436, down 93, with open interest of 258,742 lots, down 21,692 [7] - Market outlook: Currently, the macro - level positive support has weakened, leading to an overall oscillating correction in the commodity market. As the supply - demand structure of ethylene glycol has not changed significantly, it is expected to continue the correction trend following the commodities [7] Group 3: Industry News - International oil prices: On Friday (July 25), the settlement price of WTI crude oil futures for September 2025 on the New York Mercantile Exchange was $65.16 per barrel, down $0.87 or 1.32% from the previous trading day, with a trading range of $65.00 - $66.74. The settlement price of Brent crude oil futures for September 2025 on the London Intercontinental Exchange was $68.44 per barrel, down $0.74 or 1.07% from the previous trading day, with a trading range of $68.31 - $69.86 [8] - Ethylene glycol market prices: The mainstream transaction price in the Zhangjiagang ethylene glycol market was 4480 - 4515 yuan/ton, down 85 yuan/ton from the previous trading day. The negotiation range in the Dongguan market was 4450 - 4500 yuan/ton, down 50 yuan/ton. The negotiation range in the Fujian market was also 4450 - 4500 yuan/ton, down 50 yuan/ton [8] Group 4: Data Overview - Data includes PTA - MEG spread, MEG price, MEG futures price, spot - futures price difference, international crude oil futures main contract closing price, raw material price index (ethylene), MEG downstream product prices, and MEG downstream product inventory, all sourced from Wind and the Research and Development Department of CCB Futures [10][15][16][18]