In January 13th, ethylene glycol Market Overview

[chemical]  Finance recently, glycol narrow shocks, 11, 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.

January 11th glycol commodity index was 46.86, unchanged from the previous day, the highest point in period 104.87 (2011-09-18) fell 55.32% compared with December 15, 2015, the lowest point of 44.89 rose 4.39%.

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. Is expected to remain weak consolidation in ethylene glycol.

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Market dynamics of ethylene glycol in January 13th Part of the enterprise or area:

At present, Fushun petrochemical ethylene glycol unit in normal operation, the 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.

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.

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