[chemical] Finance recently, glycol high narrow range. In the global financial markets fell in bad excess supply of crude oil under the background of time later, the price of crude oil of low volatility, the chemical market cost down the overall market platform, ethylene glycol lost some support.

January 25th glycol commodity index was 45.72, compared with the previous day fell 0.21 points, representing the highest point period 104.87 (2011-09-18) fell 56.40% compared with December 15, 2015, the lowest point of 44.89 rose 1.85%.

In China, due to the Spring Festival approaching, the downstream polyester plant shutdown increases, the spot market tends to be deserted, fundamentals are expected to run steady. The business community chemical branch of ethylene glycol ethylene glycol maintain interval analysts think recent years ago shock consolidation, limited space.

Market dynamics of ethylene glycol in January 27th part of the enterprise or area:

China ethylene glycol to negotiate prices rangebound, cash offer 4700 yuan / ton; ethylene glycol market in Southern China area was relatively light, discuss the market at around 4750 yuan / ton. Near the Spring Festival holiday, discuss the market light, downstream factories increased parking.

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 execution spot price 4680 yuan / ton, the North China area price 4360 yuan / ton, East execution price 4240 yuan / ton.

Jilin petrochemical ethylene glycol local spot out 4680 yuan / ton, the North China area price 4360 yuan / ton, East China price 4240 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 4850 yuan / ton implementation.

North China Petrochemical Ethylene Glycol price increase 200 yuan / ton, the spot price of 4800 yuan / ton implementation. 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.

Sinopec East China sales company glycol execution spot price 4500 yuan / ton, owned by Yangzi Petrochemical, Shanghai petrochemical, Yangzi BASF, Zhenhai Refinery are executed.