texasholdempokeroffline| Ethylene glycol port inventories dropped slightly: the total volume of main ports in East China decreased by 5,500 tons

News summary

Eastern China MEG port inventories fell 0texasholdempokeroffline.5,500 tonstexasholdempokeroffline, indicating that the market demand for picking up goods is stable.

Newsletter text

Ethylene glycol inventories in major ports in East China fell slightly

On May 23, according to the latest data, the main port area in East ChinatexasholdempokerofflinePort stocks of ethylene glycol fell slightly, decreasing by 0.0%texasholdempokeroffline.5,500 tons, reaching 755,200 tons. This slight change reflects that cargo withdrawals at the port remained stable this week and inventory levels fell slightly.

Among the ports, Zhangjiagang's ethylene glycol stocks reached 424,400 tons, Taicang's stocks were 93,000 tons, and Ningbo Port's stocks were 68,000 tons. The total inventory in Jiangyin and Changzhou is 115,000 tons, and the total inventory in Shanghai and Changshu is 54,800 tons. These data provide a detailed perspective on the current market supply and demand situation.

In terms of shipments, Zhangjiagang's average daily shipments have stabilized at 9950 tons. The average daily shipment volume of the two warehouses in Taicang totals 2900 tons. The average daily shipment volume of Ningbo's main port is 3500 tons, further proving that the market demand for ethylene glycol remains stable.