In January 12th the market dynamics of ethylene glycol Market

[Financial]  ethylene glycol present within a narrow range, East China glycol spot to discuss the market price in 4600 yuan / ton; Southern China to discuss the market price of 4700 yuan / ton; northeast to discuss the market price of 5000 yuan / ton. Internationally, the United States WTI February crude oil futures on Friday (January 8th) fell $0.11, or 0.33%, at $33.16 / barrel, down to 10.86% weeks. London, February Brent crude futures Friday fell $0.20, or 0.59%, at $33.55 / barrel, down 10.6% weeks. Crude oil prices continued low, ethylene glycol market as a whole lost some support. In China, due to the Spring Festival approaching, the downstream polyester fiber manufacturers due to economic benefits of early holiday plans, the market overall operating rate gradually decline, the overall weak demand, later no significant positive. The business community chemical branch of ethylene glycol ethylene glycol recent analyst Shen Liangjie that remain weak consolidation.

At present, the spot price of Sinopec North China ethylene glycol implementation of 5000 yuan / ton. Yanshan petrochemical, Tianjin petrochemical equipment normal operation in the spot, no export, mutual supply of Tianjin chemical fiber. Sinopec Southern China area of ethylene glycol execution spot price of 4500-4700 yuan / ton; the normal operation of ethylene glycol plant inventory normal, reasonable shipment. At present, Sinopec East China sales company glycol execution spot price 4600 yuan / ton, owned by Yangzi Petrochemical, Shanghai petrochemical, Yangzi BASF, Zhenhai Refinery are executed. The normal operation of Fushun petrochemical ethylene glycol plant, annual production capacity of 60 thousand tons, take the goods properly. Maoming petrochemical company ethylene glycol plant annual production capacity of 105 thousand tons / year, currently running smoothly, can take the goods. Fushun petrochemical ethylene glycol local spot out 4730 yuan / ton, the North China area price 4410 yuan / ton, East execution price 4290 yuan / ton. Jilin petrochemical ethylene glycol local spot out 4730 yuan / ton, the North China area price 4410 yuan / ton, East China price 4290 yuan / ton; reasonable inventory, delivery is acceptable. Dushanzi petrochemical ethylene glycol implementation of spot price 5000 yuan / ton, the products mainly supply the surrounding area.

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