MEG: Short-term oscillating market

On Thursday, ethylene glycol rebounded slightly. The view is unchanged. On the spot side, the basis difference is slightly weaker, and the current accumulation is expected to gradually cash in, and it is expected that the late spot pressure of ethylene glycol will be greater than the futures, and the futures may appreciate the spot, supporting the basis difference counter-set, and the monthly difference counter-set. 09 contract unilateral due to the satellite device short stop and rally, short-term disturbance is not enough to fear, and the satellite has restarted at night, unilateral high throw short operation. Reference EG2109 contract 4500 yuan support level.


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