The latest p-value price of ethylene glycol on January 27 was 5275 yuan / ton.

In terms of inventory, as of January 24, the total inventory of ethylene glycol in the main ports of East China was 643500 tons, a decrease of 20100 tons or 3.03% compared with last Monday and 14300 tons or 2.17% compared with last Thursday.

On January 26, the spot price of ethylene glycol in East China market was 5210 yuan / ton, up 108 yuan / ton compared with the previous trading day. The international oil price fell on Thursday, the soaring momentum of the energy market was technically corrected, the coal supply in the power coal region was tightened, there were few available sources of goods, the price rose, and the cost side was supported to a certain extent. Affected by the approaching Spring Festival holiday in the downstream, weaving production stagnated and production and sales were flat. Affected by coal and ethylene, the price of ethylene glycol is driven upward. At present, the port is going to the warehouse in a narrow range, and there is a large amount of arrival in the later stage. It is expected that the warehouse will be accumulated during the Spring Festival.

Forecast: wide range shock.