The latest p-value price of ethylene glycol on March 9 was 5466.67 yuan / ton.

In terms of inventory, as of March 7, the total inventory of ethylene glycol in the main ports of East China was 931000 tons, a decrease of 9700 tons or 1.03% compared with last Monday and 32100 tons or 3.33% compared with last Thursday.

Today, the word “up” remains the main theme of the crude oil market, with strong cost support. New York crude oil futures rose $4.3 to $123.70 a barrel in April, while Brent crude oil futures rose $4.77 to $127.98 a barrel in May. Meg’s external market performance was strong in the afternoon of ethylene glycol today, and the recent cargo negotiation was around us $770 / ton. The operating rate of polyester in the downstream was slightly corrected. Today, the production and sales were generally not high, the inventory pressure could not be effectively released, and the purchasing sentiment in the downstream continued to be weak.

Forecast: cautiously chasing the rise.