In mid October, China Commission approved the Dalian commodity exchange futures project application of ethylene glycol. This boost, the domestic ethylene glycol started the current round of rising prices, the market mainstream discourse from the early 5200 yuan / ton starting position.
As of October 24th closing has risen to 5550 yuan / ton, up 6.73%.
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Huaxi Village electronic disk can be seen in the figure, the current price has been successfully breaking the previous high of 5480 yuan, and with larger volume. The average was long, and the MACD index and KDJ index showed a strong.
From the analysis of the technical level, although the market is facing greater technical callback requirements, but the overall market strong trend has not changed.
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