MEG:Short-term shock market

1) On Monday, ethylene glycol was weak and shaky. On Monday, the satellite officially out of the product caused the futures price to fall. 09 contract regardless of the price or from the realistic derivation can not falsify the oversupply.

(2) strategy, 09 contract current stalemate in the high short selling operation. Reference EG2109 contract 4500 yuan support level.

(3) news: Lianyungang a set of MEG device currently a line operation, daily output of 2000 tons, has been shipped to supply long contract customers


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