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Ethylene glycol futures rose 3.46% to 5,048 yuan on November 12, supported by firm port spot prices and a shutdown of the 900,000 t/yr Shandong Yulong unit. The report also cites planned new capacity in the fourth quarter and weak downstream polyester run rates.
The text covers chemical feedstock rather than feed commodities, so its direct effect on feed prices is negligible. It mainly reflects weak Chinese textile demand, which can weigh on cotton and cottonseed sentiment.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.