Ethylene Glycol Spot Prices Rise to 4,930-4,935 Yuan/Ton on May 18 as Crude Oil Strengthens

GateNews

According to Jin10 Futures, on May 18, ethylene glycol spot prices in Zhang Jiagang rose to 4,930-4,935 yuan/ton, driven by crude oil strength. Market sentiment remained steady, with basis spreads strengthening to 09+110 to 09+115. Next week’s basis is expected to trade in the 09+110 to 09+115 range.

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