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Shouchuang Futures: Geopolitical risks combined with production cut expectations lead to a significant increase in ethylene glycol futures prices
Iranian sources account for about 15% of our ethylene glycol imports. Geopolitical influences on plant operations and transportation are intensifying the expected decline in imports. In the short term, ethylene glycol prices are expected to remain volatile with a slight upward trend, with attention to geopolitical developments and changes in plant operations.