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January 15Th Market Morning Post: Short Term Ethylene Glycol Still Maintain Weak Finishing Market
The short term market trend is unknown. The two sides are in a stalemate. The single deal situation is general. Yesterday (January 14, 2019) Hua Dongyi diol spot traded at 5140 yuan / ton.
The lower reaches of the reservoir will have greater elasticity under low price support, but the downstream will gradually enter the maintenance season, so it is difficult to form effective support.
In addition, there is no further directional guidance on the periphery. With the approaching of the Spring Festival, the mentality of businessmen is cautious.
Short term ethylene glycol will remain weak.
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