Ethylene glycol prices rise in December

The price of ethylene glycol rose in December. According to data from Shengyi Society, as of December 31st, the average price of domestic oil to ethylene glycol was 4688.33 yuan/ton, an increase of 2.11% from the average price of 4591.67 yuan/ton on December 1st.

In the morning session, spot contract traders had weak trading. After the market rose, there was an increase in spot contract shippers, and receiving traders were cautious and afraid of high prices. They did not receive many orders, resulting in weak market trading.

On December 31st, the price of coal to ethylene glycol remained stable, with prices in the northwest region ranging from 4320 to 4360 yuan/ton, including taxes.

On December 30, 2024, the external price of ethylene glycol was as follows: the landed price in China was 554 US dollars/ton, and the landed price in Southeast Asia was 546 US dollars/ton.