The latest p-value price of ethylene glycol on April 11 was 5100 yuan / ton, down 0.33% from the previous trading day and 4.08% year-on-year.

Oil prices continued to fall today, and cost support weakened. The domestic dynamic clearing policy and anti epidemic sealing and control measures will inevitably make people face large-scale and long-term sealing and control. It is expected that the demand is weak and the logistics is limited. The production cost of textile enterprises is under pressure, the comprehensive starting load of looms is declining, and the output of polyester factories is also reduced. As of April 11, the total inventory of ethylene glycol in the main port of East China was 1.057 million tons, an increase of 86500 tons, an increase of 8.91%, and 62500 tons, an increase of 6.28%, compared with last Thursday. The port continued to accumulate inventory.

Forecast: the bearish atmosphere is strong and remains low.