GYIE Product: Diethylene Glycol | International Crude Oil Shocked Strongly, and Goods Holders Actively Pushed Up the Price

  • Sep 30,2016
  • From:GYIE
The diethylene glycol market in China shocked and rebounded last week. The international crude oil shocked strongly in the morning last Friday, and the electronic price shocked highly in the early morning; goods holder actively pushed up the price, and the follow-up trend at the downstream was increased slightly; the price is moderate in the beginning and high at the end in the diethylene glycol market of Zhangjiagang, and the follow-up trend at the downstream was increased gradually; the market trading atmosphere is mild, and the diethylene glycol price lasts pulling up through negotiation.
While the goods holders actively push up the price, and the prices of spot goods, quasi spot and futures in August were approximately 5140-5150; the bid was near 5120-5140, and there was a deal near 5140-5150 through negotiation. The electronic price in the session falls in narrow amplitude, and the market buying shrinks; the offers of spot goods, quasi spot and futures in late August were approximately 5120-5140; the bid was near 5100-5120, and there was a deal near 5110-5120 through negotiation. There was a deal near 5,140 through futures negotiation in September. Near the afternoon session, the electronic price returned to stable; the market price was low and shipments were be reduced; the offers of spot goods, quasi spot and futures in August were approximately 5130-5140, the bid was 5120-5130, and there was a deal near 5120-5130 through negotiation. In the afternoon session, the electronic price lasted strong shock, and market transaction negotiation was active; the market negotiation price tends high; the offers of spot goods, quasi spot and futures in August were approximately 5140-5180; the bid was near 5130-5170, and there was a deal near 5140-5170 through negotiation. The offer of futures in September was near 5170-5200; the bid was near 5150-5190, and there was a deal near 5170-5200 through negotiation. (by chinayie.com)
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