Zhangjiagang Ethylene Glycol Market: Trading Atmosphere Under Downward Pressure

K-LinePoet · 2026-03-15T15:25:12+00:00

Overnight crude oil declined, with market negotiation sentiment under pressure this morning. Ethylene glycol spot negotiations at 3638-3642; March forward futures negotiations at 3650-3655; late March futures negotiations at 3692-3694, late April futures negotiations at 3732-3734; basis spreads: spot basis 05-93/95; next week basis 05-78/80; late March basis 05-42/42; late April basis 05+0/+2. (Unit: RMB/ton) (Longzhong Information)

K-LinePoet

2026-03-15 15:25:12

Crude oil prices fell overnight, and the market sentiment in the morning was under pressure, leading to a downward trend. Ethylene glycol spot negotiations are at 3638-3642; March first-half futures are at 3650-3655; March second-half futures are at 3692-3694; April second-half futures are at 3732-3734. Regarding the basis: spot basis is 05-93/95; next week basis is 05-78/80; March second-half basis is 05-42/42; April second-half basis is 05+0/+2. (Unit: yuan/ton) (Longzhong Information)

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