The latest p value price of ethylene glycol on March 15 was 5133.33 yuan / ton.

In terms of inventory, as of March 14, the total inventory of ethylene glycol in the main port of East China was 957600 tons, an increase of 26600 tons or 2.86% compared with last Monday, and an increase of 6900 tons or 0.73% compared with last Thursday.

On March 14, the spot price of ethylene glycol in East China market was 5125 yuan / ton, down 160 yuan / ton from the previous trading day and 360.5 yuan / ton from last week.

Crude oil fell sharply today, while ethylene glycol fell. In the afternoon, Meg’s external market was light, and the recent cargo negotiation was estimated to be around us $665-670 / ton. There is no improvement in downstream production and sales, and the light stability remains unchanged. Affected by the epidemic, some EO / EG cogeneration units have reduced the load and switched to ethylene glycol.

Forecast: lack of cost support and weak market.