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Market news of Jul 10,2017

Today, the price of ethylene glycol has risen sharply, reaching 6950 yuan per ton. Sinopec East China listed company has risen to 7100 yuan / ton. According to the price analysis: at present EO ex factory price should be 9730 yuan / ton, EO production enterprises continue to compress EO commodity quantity, change the production of ethylene glycol. Although the auxiliary market is very optimistic, but the upstream EO supply has been difficult to find a commodity. Facing the complicated market situation, we should pay attention to the change and prevent the risk.
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