GYIE Product: Diethylene Glycol | The Market Tends High in a Narrow Amplitude, and the Crude Oil Presents Shock Consolidation

  • Sep 29,2016
  • From:GYIE
Yesterday, the diethylene glycol market in China tended high in a narrow amplitude. In the morning, the international crude oil presents shock consolidation, and the electronic price shocked in narrow amplitude in the morning; the spots holders held back cautiously; the follow-up intent at the downstream was weak; and the diethylene glycol market in Zhangjiagang was opened moderately for reorganization. The market transaction negotiation was rather deadlocked; and the offers of spot goods, quasi spot and futures in late August was approximately 5170-5180; the bid was near 5150-5170, and there was a deal near 5160-5170 through negotiation. The offer of futures in September was near 5180-5200; the bid was near 5150-5180, and there was a deal near 5190 through negotiation.
In the afternoon, the commodity market shocked strongly; the electronic price shocked increasingly; the diethylene glycol holders pulled up the market in narrow amplitude; and the market negotiation atmosphere was heated slightly. The offer of futures in August was near 5180-5200; the bid was near 5160-5190, and there was a deal near 5170-5200 through negotiation. The offer of futures in September was near 5190-5210, and there was a deal near 5190-5200 through negotiation. There was a deal near 670 through USD Taiwan Bonded Negotiation. (by chinayie.com)
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