[chemical] Finance recently, a narrow range of ethylene glycol. China ethylene glycol spot to discuss the market price in 4530 yuan / ton; Southern China to discuss the market price of 4650 yuan / ton; northeast to discuss the market price of 5000 yuan / ton.

Internationally, the United States NYMEX WTI Monday (January 18th) March crude oil futures fell $0.41, or 1.35%, at $29.98 / barrel. Opening this week, Iran by the lifting of economic sanctions on the weekend and the global stock market crash. ring, oil prices fell nearly $1, and in 30.20 to 30.40 U.S. dollars / barrel there is a gap between. ICE March Brent crude oil futures prices fell on Monday to $0.27, or 0.93%, at $28.67 / . Crude oil prices fell below 30 U.S. dollars / barrel, the chemical market platform cost down, eg the overall market lost some support.

In China, due to the Spring Festival approaching, the downstream polyester plant shutdown increases, the supply side years ago without signs of increased fundamentals are expected to run steady. The near future is expected to remain weak consolidation of ethylene glycol.

Market dynamics of ethylene glycol in January 19th 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.

Fushun petrochemical ethylene glycol local execution spot price 4530 yuan / ton, the North China area price 4210 yuan / ton, East execution price 4090 yuan / ton.

Jilin petrochemical ethylene glycol local spot out 4530 yuan / ton, the North China area price 4210 yuan / ton, East China price 4090 yuan / ton; reasonable inventory, delivery is acceptable.

Dushanzi petrochemical ethylene glycol plant annual production capacity of 60 thousand tons, the current stable operation, its products mainly supply the surrounding area, the spot price of 5000 yuan / ton implementation.

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 4500-4600 yuan / ton; the normal operation of ethylene glycol plant inventory normal, reasonable shipment.

Sinopec East China sales company glycol execution spot price 4400 yuan / ton, owned by Yangzi Petrochemical, Shanghai petrochemical, Yangzi BASF, Zhenhai Refinery are executed.