The latest p value price of ethylene glycol on December 23 is 4850 yuan / ton.

In terms of inventory, as of December 20, the total inventory of ethylene glycol in the main ports of East China was 692800 tons, an increase of 71800 tons, an increase of 11.56%, and 59200 tons, an increase of 9.34%, compared with last Thursday.

On December 22, the spot price of ethylene glycol in East China market was 4780 yuan / ton, up 20 yuan / ton from the previous trading day and down 146 yuan / ton from last week.

Stimulated by the larger than expected decline in U.S. crude oil inventories last week, oil prices rose for the third consecutive trading day, the rise of raw materials squeezed the profit space of ethylene glycol, while the demand side continued to operate weakly. In addition, some ethylene glycol units were restarted, the operating load increased, and the drag on the fundamentals of supply and demand still existed.

Forecast: weak shock.